Loans & Lines
Home Equity Line of Credit
Burke & Herbert Bank Home Equity Line of Credit (HELOC)
When you need a loan, look no further than your home. Depending on the loan-to-value ratio of your mortgage, your home may be able to provide you equity to borrow against. Imagine being able use the equity in your home to increase its value with a remodeling project, or having the ability to consolidate higher interest loans into one lower-rate loan. With a Burke & Herbert Bank Home Equity Line of Credit, you get the convenience of a readily available revolving line of credit at rates that are traditionally lower than personal loans and credit cards. The line of credit is attached to your checking account, allowing you immediate access to the credit you need, when you need it. It also can be used as a funding source for overdraft protection.
Apply for a Home Equity Line of Credit today by visiting a local Burke & Herbert Bank branch or call us at 703-684-1655 and ask to speak with a Loan Officer.