Should I get a HELOC just in case? Here’s what to consider
You probably don't buy a fire extinguisher because you're planning a kitchen disaster. You buy it because if you ever need it,...
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Borrow up to 100% of your available equity, with a $5,000 minimum¹.
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Access funds in Shine Online or Mobile Banking and only pay interest on what you borrow.
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Skip annual, application, maintenance and transaction fees—we’ll even cover closing costs up to $3503.
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Optional payment protection can help keep your loan payments on track if life takes an unexpected turn.
- Borrow up to 85% of your home’s equity, with a $5,000 minimum1.
- Your rate and term stay fixed, so your monthly payment stays the same. Plus, there’s no penalty for paying it off early.
- Receive your funds in one lump sum for renovations, debt consolidation or other big expenses.
- Optional payment protection can help keep your loan payments on track if life takes an unexpected turn.
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A cash-out refinance may change your rate, payment or loan term.
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Get your funds in one lump sum for renovations, debt consolidation or other big expenses.
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Because you’re increasing your mortgage balance, this option works best when it comfortably fits your budget.
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The amount you can borrow depends on your home’s value and your lender’s loan-to-value limits*.