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Get a little something back for all the years you've spent investing in your home. A home equity line of credit (HELOC) uses the equity within your home to provide revolving financing for all kinds of needs!

  • Competitive rates available
  • Approval amount based on equity in home
  • 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!

Undecided about whether to choose a home equity loan or line of credit (HELOC)? Check out the chart to compare each side by side.

Account Home Equity Loans Home Equity Line of Credit
Flexible Uses Debt consolidation, home improvement, major purchase Debt consolidation, home improvement, college education, vacation
Loan Amount Up to 100% of the equity in your home Up to 100% of the equity in your home
Payments Fixed monthly payment* Variable monthly payment
Interest Rate Fixed rate Variable rate that follows the market
Term Up to 10 years 10 year draw period and up to 20 year repayment period
Fees $100 Origination fee None

*Loans with a Combined (including prior mortgages or liens) loan to value (LTV) of 90.01%-100% have the option of payment based on a 240 month amortization schedule with a balloon payment due at the end of ten years.