Your zip code will be saved as a cookie so that you can navigate our website without repeated prompts. Your information will only be used to display the content you request. Clicking Cancel will return you to the previous page, as a zip code is required to display the requested information on the next page.
To display the information you’re requesting, as well as provide a more user-friendly experience, cookies are required to be turned on in your Internet browser settings. However, this feature is currently turned off. Cookies are needed to register information, such as your zip code, so we may provide the most accurate information for your specific region, such as interest rates. Cookies used by Dollar Bank do not capture any personal information and is only viewable by you, Dollar Bank and our online vendor. We use three different types of cookies:
This link redirects you to a website that Dollar Bank does not maintain. To proceed to this website, click Continue. To stop and return to the previous page, click Cancel.
In seconds, you will be automatically redirected to the requested website.
Banking
Checking
Compare Checking Accounts
Checking Calculators
Savings
Compare Savings Accounts
Savings Calculators
CDs
Compare CDs
CD Calculators
IRAs
Compare IRAs
IRA Calculators
Telephone Banking
Online Banking
Login Now
Test Drive
Sign Up
Bill Payment
Security
Mobile Banking
Catch All
Private Banking
Employee Banking
Borrowing
Refinancing
Home Equity Refinancing
Mortgage Refinancing
Mortgages
Purchasing
Building a Home
Current Mortgage Products
Mortgage Modification
Application Process
Rate Watch
Reverse Mortgages
About Reverse Mortgages
How You Can Use the Money
Current Reverse Mortgage Products/FHA Limits
For Families and Advisors of Seniors
Seminars
Loans
Home Equity Loans
Home Equity Line of Credit
Home Improvement
Personal Loans
Auto/Boat/RV Loans
Government Loans
Current Loan Products
Which Loan Is Right For Me
Loan Center
Loan Center Locations
Student Loans
Private Loans
Bank Lending Resources
Financial Aid Information
Credit Cards
Valued Customer Credit Card
City Pride Credit Card
Application Checklist
Help Me Choose
Credit Card Agreement
Credit Counseling
More
Insurance
Term Life Insurance
Payment Protection Insurance
Mortgage Life/Disability Insurance
Library
Deposit Information
Mortgage Information
Loan Information
Careers
Our Employees
Our Customers
Our Community
Employee Training & Benefits
Open Positions
Traveling Abroad
A Home Equity Line of Credit is an open-ended loan secured by your home's equity. A line of credit allows you to borrow again and again as you need it without reapplying. You only make payments on the amount that you use and you can access your credit line by simply writing a check or visiting any Dollar Bank office. There is a minimum advance amount of $100. Or, you can use the Visa® Access Card to make puchases. For details, click here.
Your home's equity is calculated by subtracting the amount you owe on any mortgage or loans that are secured by your home from the current market value of your home. The amount of the home equity line of credit you may qualify for is a percentage of the amount of equity you have. The interest paid on a Home Equity Line of Credit May be tax deductible.*
Dollar Bank offers three types home equity lines of credit. With any option, the minimum line amount is $10,000 and there are no prepayment penalties.**
Home Equity Line of Credit Your monthly payment on a Home Equity Line of Credit is calculated on a percentage of your balance and includes both your principal and interest.
Interest-Only Home Equity Line of Credit An Interest-Only Home Equity Line of Credit offers the flexibility of making interest-only payments or paying down your principal at any time without penalty.
1st Mortgage Home Equity Line of Credit This home equity line of credit is a great financing tool for customers who do not currently have a mortgage payment or who would like to refinance their mortgage with a home equity line of credit. The payment is calculated as a percentage of your balance and includes both principal and interest.
Third-lien position home equity lines of credit are also available. This allows you to access more of your home’s equity at a great rate without having to refinance your first or second-lien loan. For details or to apply for a third-lien home equity line of credit, call 1-800-242-BANK or your local Dollar Bank office.
To calculate how much you can save in interest with our home equity lines of credit, click here.
Already know what you are looking for? This application process should only take you about 20 minutes to complete.