Home Equity Advantage Line of Credit 1

Use the equity in your home to achieve your dreams. You could consolidate your high rate debt, update your home, help send your child to college or take the vacation you’ve always wanted.

Get more with a Popular Home Equity Advantage Line of Credit…

  • Free to Apply: No application fees and no points, closing costs may apply.2
  • Lower Your Rate: Reduce your rate by 0.25% on a Home Equity Line of Credit when you sign up our auto-debit option. Your monthly payment is automatically debited from your Popular deposit account.3 Save time and money!
  • Tax Deductible: The interest you pay may be 100% tax deductible. Consult your tax advisor.

Popular Equity Advantage Line of Credit 1

Borrow up to 89.9% of your primary home’s value (Florida only up to 80%),
Single family, townhouses, condos and 2-4 unit residential properties are eligible
Borrow as little as $10,000.

  • Revolving credit line
  • 10 year draw period followed by a convenient repayment term 
  • Access your line by check, a transfer through online banking or a cash advance at a branch

Equity Advantage Line of Credit (Rate Lock Feature)

  • Fixed Rate Lock option4 available
    Lock up to 3 portions of your balance at one time. Repaid principal becomes part of your available line again.

You can apply now; feel free to contact your local branch or call our Customer Care Center at 1-888-317-9062 to help determine the best option for you and your family.

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