HELoC Select offers convenience and flexibility
TruMark Financial’s HELoC Select allows you to choose when you want to borrow and how to pay it back. It starts as a line of credit and then allows you to switch all or part of the balance to a fixed rate at any time, giving you a manageable payment (see “Lock-in your rate” tab below for details). Whether you need funds for home improvements, consolidating debt, paying for education expenses, or taking a vacation, you’ll enjoy the convenience of choosing a payment option to meet your needs.
Additional benefits include:
- Access your money as needed or use it all at once
- Borrow up to 90% of your home’s value
- Write checks directly from your home equity line of credit
- Receive 20 free checks with the ability to reorder more
- Borrow at a lower rate than most unsecured consumer loans
- Make payments via automatic transfer, Account Management by Phone, online banking, the mail, the Member Service Center, or any branch location
- Pay off the line early without penalty
- No inactivity fee
- No annual fee