Can I lock in an interest rate on a Home Equity Line of Credit?

The home equity line of credit is a variable rate product tied to Prime Rate. As such, the interest rate cannot be locked. However, if eligible, you will receive an introductory rate for six (6) months.

If you have an existing Home Equity Line of Credit, you have the option to convert a portion of your line or the entire line to a fixed-rate loan.

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