Home Equity

Popular Equity Advantage Line of Credit1

We provide lines of credit in New York, New Jersey and Florida, for single-family homes, townhouses, condos and two- to four-unit residential properties.

Why Choose a Popular Home Equity Line of Credit?

Enjoy flexible terms and access, and borrow as little as $10,000 or as much as 89.9% of your primary home’s value in New York and New Jersey. If your property is in Florida, you can borrow up to 80% of your home’s value.

Features include:

  • 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

Additional benefits:

  • Free to Apply: No application fees and no points. Closing costs may apply.2
  • Tax Deductible: The interest you pay may be 100% tax deductible. Consult your tax advisor.
  • Fixed Rate Lock Option3 Available: Lock up to three portions of your balance at one time. Repaid principal becomes part of your available line again.

Ask a Banker about our Auto-Debit service.

Learn how to use the equity in your home today. Contact your local branch or call our Customer Care Center at 1.888.317.9062.