• Get cash out of your house.  Take home a $100 Visa® Gift Card.††

Home Equity Line of Credit

Put your equity to work toward home improvements, debt consolidation, or other major purchases with a Home Equity Line of Credit (HELOC). Withdraw funds as you need them, and only pay interest on that portion of the line you use during the draw period.*

In addition to using a HELOC for debt consolidation and home improvements, you may also use it to purchase a new home. You can use the Purchase HELOC for your primary residence, vacation home or investment property.

Product Features:

  • Low variable interest rate
  • Line of credit is a reusable source of funds
  • Interest-only mortgage payments during draw period*
  • Link to checking for overdraft protection

Product Benefits:

  • Interest may be tax deductible**
  • May be able to borrow up to 90% of your home's value
  • Easy access to your credit line with First Tennessee credit card or checks
  • No closing costs for lines over $25,000***

Other Resources

 See Terms and Conditions  

Before consolidating debt, you should consider all factors including the costs of refinancing compared to the benefits.

††Limit one HELOC gift card bonus per household. To receive the $100 Visa gift card, you must apply between July 1, 2015 and September 30, 2015, mention this offer, and close on a First Tennessee home equity line of credit by October 14, 2015 (geographic and product restrictions apply). The offer does not apply to installment loans. The Visa gift card will be mailed to you approximately four weeks after you’ve closed on your line, and may be reported as income on Form 1099-Misc. Visa is not a sponsor of this promotion. The Visa gift card is a prepaid card welcome anywhere in the U.S. where Visa debit cards are accepted.

Loan Specialist: Please use promo code VISHLC for the $100 Visa Gift Card promotion. Enter the InStep number into the Coupon Redemption system after closing.

*See Key Facts About Interest Only Home Equity Lines of Credit.

**Consult your tax advisor about interest deductibility. Interest may not be deductible for loans with LTV greater than 100%.

***$500 Commitment Fee for lines less than $25,000
All loans subject to credit and collateral approval. Geographical restrictions apply.


  • Utilize our home and mortgage calculators
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Federal Deposit Insurance Corporation Banking products and services are provided by First Tennessee Bank National Association. Member FDIC. Equal Housing Lender Equal Housing Lender.
All loans subject to credit approval.