Home Equity Line of Credit (HELOC)
A Home Equity Line of Credit (HELOC) is a flexible, revolving line of credit secured by the equity in your home. It allows you to borrow funds as needed—similar to a credit card—but typically with much lower interest rates.
In today’s market, where interest rates on personal loans and credit cards remain high, a HELOC can be a smart financial tool. Homeowners across Arizona are using HELOCs to:
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Consolidate high-interest debt – Pay off credit cards and other loans with a lower-rate HELOC.
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Fund home improvements – Invest in renovations or repairs that can increase your property’s value.
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Cover major expenses – Use the line of credit for education, medical bills, or unexpected costs without refinancing your first mortgage.
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Access emergency funds – Have peace of mind knowing you have funds available if needed, without having to apply for a new loan.
At Frontier Financial of Arizona, we help you leverage the equity you’ve built in your home to create financial flexibility—while keeping your long-term goals in focus. Whether you're in Prescott, Phoenix, or anywhere in the state, our team will walk you through the process and help you determine if a HELOC is the right solution for you.
Get started with a quote now by filling out the form on the right.
