Aim Higher with Elevate Home Equity Line of Credit
Rise to Meet Your Dreams with Elevate Home Equity Line of Credit
You’ve put a lot of love into your home. Did you know that your home can give you some of that love back? In today’s housing market, home values continue to climb. With Elevate – one of Horizon’s home equity lines of credit (HELOC) – you can take advantage of the equity you’ve built into your home today!
Whether it’s tackling that huge remodel project, purchasing a second property, starting your new business or merging your debt into one simple payment, you can rise towards your dreams with Elevate! Plus, you save even more with no annual fee and no origination fees.
With Elevate HELOC you get:
|No Annual Fee / No Origination Fees||Have a line of credit available when you need it!|
|One-Time Fixed Rate Option||Convert a portion of your loan from a variable to a fixed rate at no cost to save even more!|
|Convenient Cash Advances||Get cash or cashier’s checks with no fee! Head to your local Horizon branch to take out cash or you can transfer funds online.|
|Affordable Payments||Monthly payment is only 1% of the outstanding principal or $100, whichever is greater.|
|10 Year Draw Period / 15 Year Repay||That means plenty of time to use and repay the balance!|
Take your ideas to the next level with Elevate HELOC! We’re ready to make your equity rise to meet your dreams. Applying online is quick and easy!*
- A revolving line of credit (like a credit card, without the card)
- Access the money in branch, online or in the mobile app as you need it
- The rate is adjustable, but portions of the line of credit can be fixed
- Emergency fund
- Home improvement
- Consolidate bills
- And more!
- 10 year draw period
- 15 year repayment period
Loan advances may be taken over a 10 year period from the time of origination. Variable rate loans will adjust quarterly based on the Wall Street Journal (WSJ) Prime Rate plus margin with a maximum APR of 18%. Horizon rates, terms and conditions are subject to change without notice. Certain terms and conditions may apply. On approved credit. Membership required. For more information please call us at 800.852.5316.
The rates and terms shown are effective as of May 24, 2023. View the Common Fees disclosure here.
Rates subject to change. For the most current rates available contact us at 800.852.5316.