Direct Financial offers home equity financing as a fixed-rate term loan or as a revolving line of credit. Choose the loan that is right for you.
Take out this type of equity loan in a specific amount and repay over a set term.
Borrow what you need when you need it. Repay by making monthly payments. A HELOC is a revolving line of credit, so as you pay down your balance due, your available credit increases.
We don’t choose the terms of your loan, you do! Just pick the interest rate or the loan term that works best for you.