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4.5 out of 5|13,847 reviews
4.5 out of 5|13,847 reviews4.5 out of 5|13,847 reviews
Get more financial controlChoose a draw period that works for youPut your home equity to work for you
Tap into a credit line of up to $350,000 to achieve your big financial goals.
Get a more competitive interest rate than most unsecured loan products.
Choose a draw period that works best for you—3, 5, or 10 years.
Over 730K clients. 23 years’ experience. One goal: helping you build a brighter future.
See your best loan options with technology that analyzes your finances in real time.
Pick the right loan and term that helps you achieve your unique homeownership goals.
Get approved and funded quickly, so you can enjoy your new financial freedom.
See your best loan options with technology that analyzes your finances in real time.
Pick the right loan and term that helps you achieve your unique homeownership goals.
Get approved and funded quickly, so you can enjoy your new financial freedom.
A home equity line of credit (HELOC) is a type of second mortgage that uses your home’s equity as collateral. With a HELOC, you receive a credit line you can draw from during a set period, with payments based on the amount you’ve borrowed. The loan typically starts with a draw period where you can borrow funds and make interest-only payments, followed by a repayment period where you pay back both principal and interest.
An AmeriSave HELOC gives you full access to your credit line right at closing, with a 10-year interest-only period followed by either a 10- or 20-year repayment term. This convenient structure combines immediate access to your funds with flexible payment options.
A home equity line of credit (HELOC) can be a smart financial tool that lets you borrow against your home’s equity while keeping your existing mortgage in place. HELOCs can offer several benefits: potential tax deductions when used for home improvements, the ability to borrow significant amounts based on your home’s equity, and payment flexibility during the draw period.
With an AmeriSave HELOC, you’ll get access to credit lines up to $350,000, plus a structured 10-year interest-only period to help manage your payments. Our program provides your full credit line at closing, and you can choose between 20- or 30-year terms to fit your financial goals.
A home equity line of credit (HELOC) is a type of second mortgage that uses your home’s equity as collateral. With a HELOC, you receive a credit line you can draw from during a set period, with payments based on the amount you’ve borrowed. The loan typically starts with a draw period where you can borrow funds and make interest-only payments, followed by a repayment period where you pay back both principal and interest.
An AmeriSave HELOC gives you full access to your credit line right at closing, with a 10-year interest-only period followed by either a 10- or 20-year repayment term. This convenient structure combines immediate access to your funds with flexible payment options.
A home equity line of credit (HELOC) works for a variety of important financial needs: debt consolidation, home renovations, education costs, and emergency expenses. With AmeriSave providing your full credit at closing, you can confidently plan how to use your funds.
