Home Equity Line of Credit (HELOC)

If you like to have money when you need it, then our HELOC is what you need. Easy access to your funds by writing a check. You do not have a payment or any interest due until the credit line is used. It is there when you need it. You will have the line of credit for 10 years. As you use your line of credit and pay back the balance, the funds become available again and again. No need to apply for another loan when you have a HELOC from Chessie. Chessie will pay up to $500.00 of your closing costs. Check our current rates and terms. We will lend up to 80% of your appraised value less your outstanding mortgage if applicable.

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