You’ve worked hard to build equity in your home, and there are many reasons you may decide to tap into that equity with a Home Equity Line of Credit (HELOC). Whether it’s funding home improvements, paying for school tuition or consolidating high-interest debt, a HELOC from Enterprise Bank & Trust provides the funds you need.
- Payments are interest only
- Terms are 10 years, with variable rates tied to the Wall Street prime rate
- Access to funds is as simple as writing a check from your HELOC account, or you can withdraw or transfer funds in person or by contacting a Client Service Officer by phone
- Lender’s credit to offset Home Equity Line of Credit closing costs available for current Enterprise clients
- Reduced rate if payments are auto-deducted from your Enterprise account