Well at ViewPoint Bank a HELOC is simply a great way to use the equity in your home to get what you want. A Home Equity Line of Credit, or HELOC, is a revolving credit account backed by the equity you've earned in your home.

In some ways a HELOC is like many other credit accounts. You have a limit, which can be as much as 50% of your home's value, up to $250,000. You can borrow what you need, when you need it and pay it back over time.

How does ViewPoint Bank define HELOC?

Rate lower than most credit accounts... click here for current rates
No closing costs
Withdrawal as little as $4,000 at a time
Payments can be made as often as every 14 days
Interest could be tax deductible*

So what will you use your HELOC for?

Absolutely anything! From education to remodeling to debt consolidation to a once in a lifetime getaway - the sky is the limit.

Questions? Contact one of our representatives at 972-578-5000 or click here to talk to someone through our Live Chat.

For a Home Equity Line of Credit

*APR=Annual Percentage Rate. Subject to normal credit standards. Some restrictions apply. See a loan officer. 4.99% variable APR with a maximum of 18% quoted as of April 3, 2006. Rate subject to change. 4.99% variable APR on a $250,000 Home Equity Line of Credit second lien during the 10-year draw period would have a monthly payment of $1039.59 on a 10-year term. At the end of the draw period, the balance will fully amortize and payments will be readjusted. The discount rate quoted is good for the first 120 days of the loan then rate will convert to the index plus the margin, which is currently at 8.25% APR. ViewPoint Bank allows a maximum loan amount of $250,000. No fees associated with these loans, including title fees, appraisal fees and filing fees. Appraisal fee will only be charged if a member chooses a new appraisal to reach their requested loan amount. Property insurance is required. For details call 972-578-5000 **Consult your tax advisor.