Access Cash as You Need It—With a HELOC

A Home Equity Line of Credit (HELOC) lets you borrow against your home’s value—only when you need it. Flexible, revolving credit backed by your home’s equity. 

A HELOC is a revolving line of credit secured by your home. It works like a credit card—you draw funds when needed and only pay interest on what you use. Great for ongoing expenses like renovations, tuition, or emergency cash flow.

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A HELOC gives you financial flexibility—perfect for homeowners who want control over when and how they access their equity.

💳 Flexible, revolving credit
🏠 Use equity without refinancing
📉 Interest-only payments during draw period
🔧 Perfect for home projects or emergencies
💼 Funds available when you need them

Q: How is a HELOC different from a home equity loan?
 A home equity loan is a lump sum. A HELOC is a line of credit you use as needed.

Q: Can I use the money for anything?
Yes. Home improvements, debt consolidation, education, or unexpected expenses.

Q: Is my interest rate fixed?
Most HELOCs have variable rates, but fixed-rate options may be available.

At The Federal Savings Bank, we make home financing easy. Whether you're buying, refinancing, or just exploring options, we’re here to help. Located at 1150 South Ave, Suite 304B, Staten Island NY 10314, we offer competitive rates, great service, and a smooth and fast loan process from start to finish. 

Company NMLS: 411500

Texas Mortgage Disclosure: Consumers wishing to file a complaint against a mortgage banker or licensed residential mortgage loan originator should contact the Texas Department of Savings and Mortgage Lending (SML). Visit [www.sml.texas.gov](https://www.sml.texas.gov) for instructions and to obtain a complaint form. Mailing Address: 2601 North Lamar, Suite 201, Austin, TX 78705 • Toll-Free: 1-877-276-5550 (Required per 7 TAC §80.200(b))