How do I take money out of the Line of Credit?

We recommend that you have a checking account with the same bank that holds your HELOC. All you need to do is to log onto the bank’s site and transfer the amount you need from the HELOC into the checking account. Once in the site, it shouldn’t take more than a few mouse clicks to transfer the funds.

If you have a first position HELOC with an auto-sweep feature, there is no need to make any transfers. Just use the checking account as you normally would and funds from the HELOC will automatically be used to cover any shortage.