Home Equity Lines of Credit - Popular Bank

Tap into a home equity line of credit for your next great home renovation.

With a Home Equity Line of Credit (HELOC),1 you can convert your home equity into a flexible line of credit for nearly any purpose — such as home renovations, college tuition, debt consolidation, or large purchases. Our home equity lines of credit are available for primary and secondary residences in New York, New Jersey, and Florida, including single-family homes, townhouses, condos, and two- to four-unit properties.

HELOC application checklist.

To save time on your application, you can start assembling your required documents and information ahead of time. Access our handy printable checklist to help you get started.

View and print checklist
Home Equity Line of Credit Checklist

Frequently asked questions about Home Equity Lines of Credit.

  • A Home Equity Line of Credit (HELOC) is a line of credit that lets you borrow against the available equity in your home, typically at a variable interest rate. You can draw funds as needed and repay over time.

  • To apply for a Home Equity Line of Credit, visit your nearest branch and speak with one of our qualified lenders who can guide you through each step of the HELOC application process.

  • Your borrowing limit for a Home Equity Line of Credit is based on factors such as your home’s value, the amount of equity you’ve built, your credit profile, and overall financial standing. 

  • The application process for a Home Equity Line of Credit typically includes submitting an application, providing documentation, undergoing a credit review, and completing a property evaluation. If approved, you'll receive access to your line of credit.

  • No, there are no limitations on how you can use your Home Equity Line of Credit. Your funds can be used for any purpose you choose, including home improvements, debt consolidation, education expenses, or emergency needs.

  • To apply for a Home Equity Line of Credit, you’ll typically need proof of income, a recent mortgage statement, property tax documentation, and government-issued identification. Access our handy printable checklist to help you get started.

    View and print checklist

  • A Home Equity Line of Credit is a line of credit secured by your home, and is separate from your existing mortgage loan. It does not replace or change the terms of your existing mortgage, but may affect your total home equity and future refinancing options. Visit your nearest branch to talk to a lender who can help find the best financing option for you.

Apply for a Popular Home Equity Line of Credit today.

Tap into the value of your home today. Securing a Home Equity Line of Credit (HELOC) from Popular Bank begins with a few simple steps. Visit your local branch or call us at 1-888-317-9062 to get started.

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Apply for a Home Equity Line of Credit.

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