June 4th, 2025 - Home Equity Line of Credit Benefits
How a HELOC Can Help You Make the Most of Summer Projects
Summer brings a renewed energy for homeowners—a time to refresh, improve, and invest in where we live. Whether it's updating a kitchen, building a deck, or taking on larger repairs, many projects come with a meaningful cost.
One option homeowners often overlook is the Home Equity Line of Credit (HELOC).
A HELOC allows you to borrow against the equity you've already built in your home. Unlike a traditional loan, it offers flexibility—you draw funds as needed and only pay interest on what you use. This flexibility makes a HELOC a good fit for projects completed in stages or for homeowners who prefer to spread out their expenses over time.
Because your home secures a HELOC, it often comes with lower rates than unsecured borrowing options like personal loans or credit cards. Many offer interest-only payment structures during the initial draw period, helping homeowners manage expenses more comfortably.
At Community Bank, we believe informed choices lead to stronger financial futures. Understanding how your home equity can work for you is part of that journey.
Your home has potential. This summer, it might just be the key to making your plans possible.
MEMBER FDIC. EQUAL HOUSING LENDER.
Summer brings a renewed energy for homeowners—a time to refresh, improve, and invest in where we live. Whether it's updating a kitchen, building a deck, or taking on larger repairs, many projects come with a meaningful cost.
One option homeowners often overlook is the Home Equity Line of Credit (HELOC).
A HELOC allows you to borrow against the equity you've already built in your home. Unlike a traditional loan, it offers flexibility—you draw funds as needed and only pay interest on what you use. This flexibility makes a HELOC a good fit for projects completed in stages or for homeowners who prefer to spread out their expenses over time.
Because your home secures a HELOC, it often comes with lower rates than unsecured borrowing options like personal loans or credit cards. Many offer interest-only payment structures during the initial draw period, helping homeowners manage expenses more comfortably.
At Community Bank, we believe informed choices lead to stronger financial futures. Understanding how your home equity can work for you is part of that journey.
Your home has potential. This summer, it might just be the key to making your plans possible.
MEMBER FDIC. EQUAL HOUSING LENDER.
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