With Community's Home Equity Line of Credit, you have the flexibility to borrow what you need, when you need it. Your monthly payments will be based only on what you have used. Once approved, the borrower can make "draws" against the loan at any time up to the maximum amount approved by the loan department. Draws are made by writing checks, which are given to the customer when the loan is closed. Your payment will be based only on what you have used. Call our loan department at (773) 685-5300 to discuss how you can benefit from a Community Home Equity Line of Credit.
All loans are subject to Community’s underwriting standards.