- Competitive rates available
- Approval amount based on equity in home
- Interest may be tax deductible*
- Funds available anytime without reapplying; apply once, then use repeatedly thereafter
- Revolving credit – as principal is repaid, more becomes available for use
- Funds easily available via in-person, online, or phone transfers to a specified Guaranty Bank checking account
- Local decision-making
- Use for almost any purpose
- Streamlined application process
View our current Home Equity Line of Credit Special!
Home Equity Loan vs. HELOC
Undecided about whether to choose a home equity loan or line of credit (HELOC)? Check out the chart to compare each side by side.