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Knowledge Base Article

What is a Home Equity Line of Credit (HELOC)

What is a Home Equity Line of Credit?

A Home Equity Line of Credit is a revolving line of credit secured by the equity in your primary home. This loan allows you to have a line of credit based on the equity in your property. Advances of credit may be used for whatever you desire. The loan limit for Home Equity loans is $ 250,000.

Delta Community offers first and second mortgages in the following states:

  • Alabama
  • Arizona
  • California
  • Colorado 
  • District of Columbia (DC)
  • Florida
  • Georgia
  • Indiana
  • Kentucky
  • Maryland
  • Massachusetts 
  • Minnesota
  • New York
  • North Carolina
  • Ohio
  • South Carolina
  • Tennessee
  • Texas
  • Utah
  • Virginia