Home equity line of credit

Is a home equity line of credit (HELOC) right
for you?

If you’re looking for flexible access to the equity in your home that provides additional savings at no cost to you, a HELOC might be the answer. Learn about all of the Benefits and Features here.

Next, find out if you’re eligible:


Estimate the value of your home
Make sure you have the equity you need based on your financial goals.


Review Eligibility Requirements
Check if you’re eligible and decide if it’s a good time to apply.

Today's Variable Rates for a
Chase Home Equity Line of Credit

(as of 1/27/2017)
Line Amount
$50,000 to $99,999
$100,000 to $149,999
$150,000 to $249,999
$250,000 to $500,000
Rates may vary. Please inquire about available rates in your area, and about rates for line amounts less than $50,000.
Learn more.

What is a HELOC?

A home equity line of credit (HELOC) is a variable rate line of credit that uses your primary residence as collateral, or security for the debt.

The amount you may be able to borrow is the difference between any debts secured by your home (like your current mortgage balance) and your home’s market value.


How does it work?

Your line of credit term includes a draw period, up to 10 years, followed by a repayment period, up to 20 years. During the draw period, you can borrow as much or as little as you need, whenever you need it.

Benefits and features »


How can I use it?

Finance major expenses, like buying a second home, or take care of small home improvement projects around the house.

Get more ideas »

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Rate Discounts

You can get a .25% rate discount if you have or open a Chase personal checking account or a .50% rate discount with a Premier Platinum checking account.

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Get a Chase home equity line of credit today.
First, find out if you’re eligible.