Home Equity Line of Credit
Cash when you need it
Your Principal Bank Home Equity Line of Credit allows you to access funds when you need them. It's easy to withdraw money, and the interest you pay may be tax-deductible (consult your tax advisor). Your home equity line of credit is an affordable way to fund home improvement projects, college expenses, debt consolidation and more.
Using Your Line of Credit
Your home equity line of credit works a lot like a credit card without the high interest rate - as you pay down your balance, you replenish the amount available to you, up to your credit limit, without having to reapply. It's easy to use your available balance. Just transfer funds to your Principal Bank checking account online or by phone, or, use your home equity access checks. You can draw the full amount of your line all at once or a little at a time (in increments of at least $500).
Apply for your Principal Bank Home Equity Line of Credit today.
