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Rates

Turn the roof over your head into money in your pocket. A HELOC provides flexible financing at an affordable rate.

Competitive Rates

Fast Processing

Local Service

  • Low Promotional Rate of 1.99% APR2
  • Use the equity in your home to help with:
    • Home Improvements
    • Debt consolidation
    • College expenses
    • Whatever you need
  • No closing costs1
  • Attentive, local and friendly support from start to finish
  • Funds easily available through online banking, Equity Link Visa® card, wire transfer, or in-branch cash withdrawal

1No Closing Costs for 2nd lien position for loans up to $250,000. This Home Equity Line of Credit must be in a second mortgage lien position.

2Introductory Rate of 1.99% Annual Percentage Rate (APR) is in effect for the first 12 months following the closing. The rate thereafter is variable and is based on the Prime Rate as published in the Wall Street Journal, currently 3.25% APR. The initial rate is defined as the index rate plus a margin that is based on credit worthiness. This rate becomes effective at the end of the 12 month Introductory Period. The annual percentage rate can change on the first day of each month. The rate cannot increase or decrease more than 2.0 percentage points in any one year period. The annual percentage rate cannot increase more than 6.0 percentage points above initial rate or 18%, whichever is less. However, under no circumstances will your annual percentage rate go below 4.0% at any time during the term of the plan. Rate is effective as of 03/16/2020.

*A Home Equity Line of Credit (HELOC) is a variable rate product.  APR adjusts quarterly based on the Prime Rate as published in the Wall Street Journal.  Value of your home is determined by estimating the appreciation value of your property since the opening date of your mortgage. The estimated value of your home and Available Home Equity Line amount may change based on the application date. A free current Automated Evaluation Method or assessed value will be obtained on the application date to finalize Line Amount. This value, less any outstanding mortgage loan balances, will be used to determine available equity. Combined Loan to Value (LTV) not to exceed 100%. Maximum Credit limit $250,000.  No closing costs for 2nd lien position.  Minimum Monthly Payment is 1% of loan balance or $50.00, whichever is greater, during the draw period. Draw period ends 5 years from date of closing. At the end of the draw period we will recalculate your payment. Your payment will be reset to pay the balance at the end of the draw period, at the current annual percentage rate, over 120 monthly payments. Offer subject to credit approval.  Primary residences only.  Not available in all states.  Not available for manufactured homes.  Property insurance is required.  Flood insurance may be required.  Payment does not include taxes or insurance. 

*Consult your tax advisor regarding the deductibility of interest.