News

With a HELOC (Home Equity Line of Credit), you have the opportunity to unlock your home’s potential. You also have the flexibility to use your funds to tackle life’s many expenses, including student loans, an upcoming family vacation, or even consolidating your high-interest debts. With the ability to pay-as-you-go, you can use as much or as little of your available balance as needed to achieve your dreams.

Home Renovations

By upgrading, remodeling, or expanding on your home, you can help boost its value for years to come! Some of these renovations can add more immediate value to a home, like replacing your siding or remodeling your kitchen, while others can offer long-lasting value, like finishing a basement or expanding square footage. Other more affordable projects that you can tackle this spring include refreshing your landscaping, repainting both the interior and exterior of your home, or simply updating outdated furniture or appliances.

Book Your Next Getaway

With your available funds, you can plan and book your upcoming vacation. Using these accessible funds gives you time to pay off the expenses gradually instead of paying for it all outright. Early spring is an ideal time to book summer vacations for you and the family, and our First Harvest members have exclusive access to thousands of discounts on hotels, flights, experiences, and more! Explore our member benefits and start saving today!

Cover College Expenses

Your HELOC can also offer you and your family some much-needed financial flexibility when it comes to navigating the cost of higher education. It’s not uncommon for students to seek additional funding solutions beyond scholarships, grants, and financial assistance. Your home’s equity can provide a reliable option to cover the outstanding expenses of higher education, like tuition, housing, books, and more.

Consolidate Your Debt

Additionally, you can use your available HELOC to consolidate or pay off your high-interest debts, which can help you save in the total interest paid over time. Consolidating debts can also help eliminate the hassle of multiple monthly payments and could lower your monthly interest rate overall. A HELOC can be used to pay off credit card balances from other financial institutions, medical debts, and outstanding student loans and expenses.

With a First Harvest HELOC, you can tap into your available funds as needed to accomplish your next big goal! Learn more about our home equity financing and unlock your borrowing potential today!