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Home Equity Line of Credit

Home Equity Line of Credit for Easy Access to Funds at Flexible Terms

A home equity line of credit is a type of revolving credit where your home is the collateral. You can use the funds acquired from the loan for medical bills, home improvements, education, debt consolidation, a new business venture or any other major expense or pressing financial need.

If you need ongoing access to available funds with flexible monthly payment options, a home equity line of credit may be the solution. Based on your requirements you can open either a fixed rate or a variable rate home equity account at Mortgage Central.

More about Home Equity Lines of Credit

Home equity line of credit solutions offered by Mortgage Central provide multiple benefits. These loans are a much better alternative to credit cards or personal loans, which have a very high rate of interest.

Why Opt for Home Equity Line of Credit Products from Mortgage Central?

One of the main advantages of equity line of credit solutions is the low interest rate. As the debt is secured by the equity in your property, the interest rates are usually much more favorable in comparison to unsecured personal loans or credit card loans.

Home equity line of credit solutions offer instant access to cash. You can use checks to conveniently access the funds for various purchases. This eliminates the paperwork and expense involved in obtaining a new loan for every purchase.

Moreover, Mortgage Central home equity line of credit solutions are extremely flexible. You can access the credit available to you as and when required. Regardless of the amount of credit you have, you are required to pay interest only on the funds you use.

You are free to repay the principal whenever you wish as long as you continue paying the minimum monthly interest. To find out more about Mortgage Central finance solutions, give us a call today.

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Our Rates

Term: Our Rates:
Prime Rate 2.85 %
1 Year Fixed 2.44 %
3 Year Variable 2.25 %
3 Year Fixed 2.39 %
5 Year Variable 2.25 %
5 Year Fixed 2.69 %

* Note: Rates are subject to change
without notice. Please contact us for
more information.

Rates as of March 20, 2015


“I had a difficult time getting a loan from the bank. Mortgage Central got me approved for a loan within 24 hours at a great rate.”

T. Donovan


“Mortgage Central consolidated my credit card debt into something that was much more manageable, saving me money and giving me peace of mind..”

G. O'Reilly


“Not only did Mortgage Central help me refinance my mortgage, which greatly reduced my mortgage payment, but they were very professional and pleasant to work with.”

V. Cutts