A HELOC is a great financial tool for any homeowner! It can be used for home improvements, debt consolidation, or making large purchases, such as vacations or school tuition, at a low interest rate.
A Builtwell Bank HELOC is a revolving line of credit secured by the equity in a customer’s home. The funds in a home equity line may be accessed as needed and utilized again and again. A HELOC is flexible, the funds are easy to access and qualified customers can make interest only payments.
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