Home Equity ChoiceLine

Get a fixed rate as low as 3.99% APR

The home financing you need, when you need it

With ChoiceLine, you have easy access to a line of credit and can lock in up to three fixed-rate advances. So you use the money as you need it—use it now or save it for an expense down the road. Plus, ChoiceLine interest rates are typically lower than unsecured loans.

Apply Now Rates and Disclosures Home Equity Calculator

How does ChoiceLine work?

Let’s say you have $20,000 worth of equity in your home, and you’d like to purchase an $8,000 kitchen countertop. By opening a ChoiceLine, you’ll have the freedom and convenience of keeping your remaining balance as a line of credit with a variable rate, or if you prefer, you can use up to three fixed-rate advances to get a set interest rate for the cost of the countertop. You’ll then have $12,000 remaining as a line of credit you can use to buy new appliances, consolidate credit card balances or keep available for unexpected expenses.


Home Equity Calculator

Fill out the form below to calculate how much you may be able to borrow against the equity in your home.1

Secure a ChoiceLine and take advantage of its many benefits:

  • Use your variable-rate line of credit during the 10 year draw period
  • Pay no annual fee and no pre-payment fee2
  • Choose an interest-only payment option for your line of credit during the 10 year draw period
  • Manage your account with 24-hour online access
  • Pay your advances together with one monthly payment
  • Use your line of credit for 10 years and then take up to 10 additional years to pay off any remaining balance in your variable line
  • Lock your rate on three separate dollar amounts at any one time during the 10 year draw period
Apply Now Rates and Disclosures

1The accuracy of this online tool and its applicability to the information provided is an estimate and is not guaranteed. Your actual available equity could vary based on many factors. All loans are subject to approval. Membership eligibility is required. Speak to a Bellco Financial Specialist for more information.

2Variable Annual Percentage Rate (APR) for well-qualified borrowers as of 09/01/2021 is 3.75% and is subject to change without notice. Maximum APR for variable rate advance is 21%. Variable rate may change after account opening. Property must be insured and located in Colorado. Membership required. All loans subject to approval.