Home Equity Line of Credit

A home equity line of credit, or HELOC, is a line of credit line that uses the equity you already have in your home as collateral.  Your credit limit depends on the amount of equity you have.   

• Use for projects or expenses that need to be done over time
• Checks issued for convenience
• Adjustable interest rate
• Funds available at any time
• Interest rates are typically lower than credit cards or personal loans.
• Discount of 25% with automatic payment from Jarrettsville Federal checking account.

Best of all, Jarrettsville Federal will pay all closing costs on HELOCs, up to $150,000, as long as you keep your account open for three years.

For current rates Click Here

Our loan officers are waiting to work with you today, call us at 410-692-5151 or toll free at 1-800-429-6616 to see how we can help you with your home loan options.