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Home Equity Line of Credit

A Home Equity Line of Credit (HELOC) from Bayview allows you the flexibility of a revolving source of credit funds in a secured line of credit packaging. The assessed value of owned equity in your home is used to determine your HELOC limit, and due to its secured nature, the rate of interest is lower than a regular CU-Line.

 

Description >>  
Revolving line of credit
Interest Type >>  
Variable
Terms >>  
open, revolving
(subject to review)
Payment Type >>  
Dependant upon limit &
terms chosen at opening
Payment Frequency >>  
monthly payment
Insurances Available >>  
CUIS Life (single/joint)
CUIS Disability (single/joint)