Q: Is there a minimum amount I can advance on a Home Equity Line of Credit (HELOC)?
For any Home Equity Line of Credit or Home Equity Loan with Mountain America, you must apply for at least $12,000. In the case of a Home Equity Line of Credit loan, once the credit limit (at least $8,000) has been approved, you may choose to advance as much or as little as you like at any time.