Home Equity Lines of Credit (HELOC)

Energy One offers a home equity line of credit that helps you borrow using the equity that you’ve already established in your biggest investment, your home. The money may be used for anything, not just for your house. Pay for a wedding, restore an old car, consolidate debt, or go on a dream vacation. The possibilities are endless!

• Variable rate home equity loans with rates that are typically better than credit cards and personal loans
• Interest only accrues on the amount you’ve advanced
• Interest may be tax deductible, consult a tax advisor to see if you qualify
• In most states, HELOCs can be accessed via online banking
• 5-year draw period, 10-year repayment period

If you would like additional information, please contact us at 918-699-7100 or 1-800-364-3628.

Click here for information on HELOC from the Consumer Financial Protection Bureau

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