Home Equity Line of Credit
Unlock Your Home's Potential with a HELOC
Experience the peace-of-mind that comes from knowing you have access to extra funds whenever you need them. Get the most out of your home’s equity, and use the funds the way you want – large expenses, home renovations, or unexpected costs, you name it!
Here's how it works:
A Home Equity Line of Credit (HELOC) gives you a revolving line of credit, where you can withdraw funds as you need them up to a maximum approved limit. It works like a credit card, but it's secured by your home.
Account Features
- Competitive rates
- Tap into up to 100% of your home equity.
- Easy online application.
Last, but not least:
Membership required. Subject to credit approval and sufficient collateral.
*Home Equity Lines of Credit (HELOC) are issued at an adjustable rate that may range from 5% to 15% APR. Closing costs in Spero Financial’s lending area of SC, NC, & GA on loans for less than $150,000 range from $360 to $2,000. Loans of $150,000 or more would require title insurance in addition to the prior closing fees stated. Contact your real estate attorney for title insurance rates applicable to you. Property insurance is required and not included in the closing costs. Our minimum loan amount is $7,500 and minimum payment amount for a credit line with a balance is $100.00. Rates, terms, and conditions are subject to change without notice.