Tap into your home equity with a HELOC.
A Home Equity Line of Credit or HELOC gives homeowners the ability to tap into the equity they’ve built in their homes.
How it works.
- A HELOC is a revolving line of credit.
- You will be given a limit, or maximum amount, that you can borrow based on the equity you have in your home.
- You don’t have to use the full sum of money - you can take only what you need.
- Once the money has been borrowed, you’ll make scheduled payments to pay off the balance, ensuring it is paid in full by the pay-off date or when you sell your home.
If you already have a mortgage with HomeStreet Bank, please reach out to your Loan Officer and they will help you through the process of securing a HELOC.
HELOCs can provide great financial flexibility for homeowners.
For questions about your existing HELOC:
Please contact us with one of the following methods: