Our flexible financing options can put your next car, home remodel or dream vacation in easy reach.
Home Equity Line of Credit ✝
Opening a new HELOC through Bank of Labor is a great way to fund big ticket items like remodeling, repairing your home, consolidating debt and more.
Borrowing against the equity in your house with a HELOC qualifies for lower interest rates than credit cards and many other forms of credit—plus a HELOC offers flexible payment terms.
Put your equity to work for you.
- *Annual percentage Rate (APR) shown above is variable after the 12 month Introductory period and is subject to change without notice in accordance with the index. After the introductory period, the index used to determine the interest rate is the Wall St Journal Prime Rate (3.25% as of 6/2/2021) plus a margin of 0.50% with a minimum APR of 4.25%. The maximum APR is 18.00%. Maximum loan to value 80%.
- Minimum credit line of $10,000. Maximum credit line of $400,000.
- No closing costs/fees.
- Hazard insurance is required.
- Balloon payment at maturity.
- Subject to credit approval. This offer is available on new HELOCs only. Bank of Labor NMLS 41137 Offer good through 12/31/2021.