A home equity line of credit is a great way to finance recurring expenses like college tuition or for special expenses like weddings and vacations. Not to mention life's unexpected expenses.

HELOC benefits include:

• Low variable rate based on Prime (quoted daily);
• Borrow up to 80% of your home's equity;
• Interest is only charged on the portion you use;
• Funds readily accessible when you need them;
• No closing costs or prepayment penalties; and
• Interest may be tax deductible**

* With approved credit. Some restrictions may apply.
** for tax deductibility, contact your tax advisor.