Your home is full of financing potential. With a Home Equity Line of Credit (HELOC), you can leverage the equity you’ve built up over the years to open a flexible line of credit that’s there anytime you need it — whether it’s for a master’s degree or major home improvement.
Details
- Turn the equity in your home into ongoing, affordable financing
- Competitive rates for several ongoing or seasonal needs:
- Education expenses
- Major life events
- Major home improvements
- Debt consolidation
- Emergency reserve
- And more
- The existing equity in your home is used as collateral backing
- Accommodating repayment terms that work uniquely for you
- Funds available anytime without reapplying; apply once, then use repeatedly thereafter
- Revolving credit — as principal is repaid, more becomes available for use
- Funds easily available via in-person or phone transfers to a specified Seattle Bank checking account
- The interest paid might be tax deductible*
- Set up automatic payments to be deducted from your account monthly
- Quick, local decision-making and processing
- Attentive, friendly service from start to finish
*Consult a tax advisor.
Meet Our Mortgage Team
Doug Mielitz
Vice President, Mortgage Production
