Wellby Financial

Home Equity Line of Credit (HELOC)

Life requires flexibility. Your home equity line of credit can provide it.

A woman is planting a flower in front of her house. The flower shows and represents her home's growing equity

Flexibility for Your Life

A home equity line of credit (HELOC) offers you the flexibility to meet the changing needs of your financial goals. Secured by the equity you've built in your home, a Wellby HELOC is a revolving line of credit with a variable interest rate, giving you the funds you need for planned or unexpected expenses.

Benefits of a Home Equity Line of Credit


Sometimes you use more than expected, sometimes less. Because it's a revolving credit line, a HELOC lets you access your funds when you need them.

Lower Cost

Because HELOCs are secured, our competitive rates are typically lower than credit cards or personal loans. And, the interest may be tax deductible1.

Convenient Access

You'll have easy access to your HELOC by transferring money to your Wellby checking account or a checking account with another financial institution.

Image of a blue house with home improvement, travel and education items within it
Solar system with planets representing items you may need a line of credit for such as bills, repairs and etc

A Line of Credit to Use When You Need It

  • Debt Consolidation - Consolidate your higher-cost debt, including credit cards and student loans.
  • Home Improvements - Remodel your kitchen or put in the pool you've always dreamed of.
  • Major Purchases - Cover a variety of major expenses such as college tuition, a wedding, or vacation.

What is a HELOC?

A Home Equity Line of Credit gives you financial flexibility when you need it. Learn more about how a HELOC works.

Your Loan is Only a Few Steps Away

Step 1

Complete our easy online application.



Step 2

A loan specialist will contact you to answer questions and assist you with the remaining documentation.


Step 3

Close on your HELOC at a local Wellby branch.



Home Equity Line of Credit (HELOC) - 1st Lien or 2nd Lien with Wellby Mortgage

Home Equity Line of Credit (HELOC) - 2nd Lien

Fixed Rate Home Equity Loan - 1st Lien or 2nd Lien with Wellby Mortgage

Fixed Rate Home Equity Loan - 2nd Lien


Home Equity Line of Credit (HELOC) - 1st Lien or 2nd Lien with Wellby Mortgage

TermAnnual Percentage Rate (APR)

360 months:

• 120 month Draw Period

• 240 month Repayment Period

as low as 7.75% - variable rate
Introductory Rate: 5.99% for 12 months

Ready for Financial Flexibility?

Begin your journey toward financial flexibility with our simple online application, and unlock the power of your home’s equity today.


Still wondering if a HELOC is right for you? Learn more by checking out our FAQs.

Learn More

Common Questions

What is the difference between a home equity loan and home equity line of credit (HELOC)?
What can I use funds from a HELOC towards?
How do I apply for a HELOC from Wellby?