A Home Equity Line of Credit lets you borrow money when you want, at rates that are far below those paid on typical credit cards. And it gives you convenient access to your funds - as easy as using a credit card or writing a check.

How many loans let you deduct the interest on your taxes! That’s pretty hard to beat. Because you are using the equity in your home, the interest may very well be deductible for you. When in doubt, consult your tax professional regarding your eligibility for this added perk.

 

A Home Equity Line of Credit gives you the flexibility to borrow what you need, pay it back, and then borrow again as new needs arise. There’s no need to reapply for a separate loan each time. It’s simply the most convenient way to get cash, at a low rate, whenever you want it.

 

Our newest product gives you even easier access to your home’s equity. Paying with your Foster Bank Home Equity Line Debit card is faster and easier than writing a check. All of your transactions appear on your monthly line of credit statement. Accepted at over 29 million locations, wherever MasterCard® is accepted. Daily ATM cash withdrawal limit is $400.00 and Point-of-Sale purchase is $2,500.00.