Skip nav to main content.

Home Equity Loan The power of your house

Get Started
  • Extra Financial Muscle

    Houses are big investments, and home equity loans and lines of credit let that investment do some heavy lifting. Remodel that kitchen, consolidate high interest debt, or pay for college tuition. Your interest might be tax deductible (consult a tax adviser), and because the loan is backed by your house, you get incredibly low rates.

     

    • Competitive low rates
    • Generous limits—up to 80% of your home’s value
    • Unbeatable service

    Home Equity Loan

    A single sum of cash to fund your next project, whether that’s sending a kid to college or putting in a pool. Your home guarantees a fixed, low interest rate.

    Home Equity Line of Credit

    A home equity line of credit gives you easy access to extra funds for life’s unexpected speed bumps. You won’t pay interest on anything you don’t withdraw, but the money is there if you ever need it.

    Home Equity Loan Payment

    %

    Fund whatever's next

    We'd love to begin a conversation about how your house can help fund whatever's next in life. Apply for a home equity loan online, in person, through the mail, or over the phone.

    Get Started
  • Home Equity Loan Rates

    Description Rate Term Apply
    Home Equity Loan – Fixed* 4.625% (e) 15 Years. Other rates & terms availableApply Now
    Home Equity Line of Credit 4.500% (f) Promotional Rate* 25 YearsApply Now

    *Closing costs can and do vary based on housing type, loan amount and other factors. For an accurate estimate of these costs, please contact our Real Estate Department for a Good Faith Estimate for your loan scenario.

    (a) Rate expressed is the Note Rate, for a 15 year loan, actual APR is 3.20% calculated using a loan amount of $726,525 and standard estimated closing costs.
    (b) Rate expressed is the Note Rate, actual APR is 3.78% calculated using a loan amount of $1,000,000 and standard estimated closing costs.
    (c) Adjustable Rate Mortgage (7/1 ARM), the initial interest rate is 3.200% for the first 7 years. Thereafter, the Rate will adjust annually based on the index plus the Margin. The index is the Constant Maturity Treasuries (CMT) and the Margin is 2.75%. As of 1/24/20, the CMT index was 1.55%. The Rate may not increase more than 2% per year (adjustment cap) and not more than 5% greater than the initial Rate for the life of the loan (Lifetime Cap). Rate expressed is the Note Rate, actual APR is 4.34% calculated using a loan amount of $726,525 and standard estimated closing costs.
    (d) Adjustable Rate Mortgage (5/1 ARM), the initial interest rate is 2.990% for the first 5 years. Thereafter, the Rate will adjust annually based on the index plus the Margin. The index is the Constant Maturity Treasuries (CMT) and the Margin is 2.75%. As of 1/24/20, the CMT index was 1.55%. The Rate may not increase more than 2% per year (adjustment cap) and not more than 5% greater than the initial Rate for the life of the loan (Lifetime Cap). Rate expressed is the Note Rate, actual APR is 4.34% calculated using a loan amount of $726,525 and standard estimated closing costs.
    (e) Rate expressed is the Note Rate, for a 15-year loan, actual APR is 4.75% calculated using a loan amount of $250,000 and standard estimated closing costs.
    (f) Adjustable Rate, the initial rate will be 4.500% for the first six months (promotional rate), thereafter will adjust monthly to match the Prime Rate at that time. Prime Rate is currently 4.75%, initial APR based on maximum draw of $25,000 is 4.82%. The minimum rate of 4.5% (floor) and maximum rate of 16% (ceiling). Payments are "Interest Only" during the draw period of 10 years, then amortized principal and interest for the remaining term of 15 years.

    Rates, terms, conditions, and availability are subject to change or withdrawal at any time and without notice. Nothing herein is or should be interpreted as an offer or commitment to lend. Loans are subject to credit and property approval. Other conditions and restrictions may apply.

Home Equity Loan Disclosures
Photo courtesy of the U.S. Department of Defense. Use of Department of Defense (DoD) visual information does not imply or contribute DoD endorsement.