With an Equity FirstLine^SM, you may never need to apply for a loan again. This credit line is an easy and convenient way to pay for any of the following and much more.

Tuition: Whether you're paying for private school or college tuition, your home equity line of credit is the perfect tool. When tuition is due, your Equity FirstLine can be drawn upon simply by writing a check. And another advantage is the interest you pay may be tax deductible (consult your tax advisor).

Vacation: Everyone needs a break now and again. Take that dream vacation and relax. Using your Equity FirstLine for vacation expenses can save you money. The annual percentage rate on your home equity line of credit is typically a lot lower than what you pay on high interest credit cards from other financial institutions. Using your Equity FirstLine can make your dream vacation affordable.

Home Improvement: Don't move, improve! Build a room addition for that growing family or update that old kitchen; it's up to you. Your home is your biggest asset and making improvements can increase the value of your home, plus the interest may be tax deductible (consult your tax advisor).

Bill Consolidation: Are your monthly commitments weighing you down? Use your Equity FirstLine to pay off those higher interest credit cards and personal loans from other financial institutions. Your Equity FirstLine can help you get back on track.

Unforeseen Expenses: No matter what unforeseen expenses come your way, your Equity FirstLine is the perfect answer. Unexpected car repair, medical expenses, and family emergencies can easily be taken care of with your Equity FirstLine.

Lower Interest Rates, Tax Deductible Interest: Equity FirstLine is a line of credit secured by your home or other improved property you own in Hawaii or Guam.* It offers a much lower interest rate compared to credit cards or other personal loans with tremendous flexibility and a choice of repayment plans.

The Tax Advantage: The interest you pay on home equity lines like Equity FirstLine is tax deductible within certain limits. Consult your tax advisor.

The Equity In Your Home: Since an Equity FirstLine of credit is based on the equity in your home, an appraisal may be made to determine your property's value when you apply. The loan may be up to 89.9% of the value for detached single family dwellings, less any amount you presently owe on the property. The example below shows how equity is determined for a house or condominium appraised at $300,000.

View current rates for Hawaii and Guam

*Eligible properties also include real properties located in the State of Hawaii or Guam. Not available in CNMI.