Home Equity Line of Credit Rates

Home Equity Line of Credit Rates Effective 10/1/2020

Our “FIXED FOR FIVE” Home Equity Line of Credit (HELOC) has an initial rate of 3.250%APR* for the first five years and adjusts twice annually with Prime Rate.**

Minimum Loan $10,000 – Maximum Loan $150,000 

Maximum LTV for all Mortgages Against the Property is 80%

Draw Period – 10 Years – Repayment Period – 20 Years

 Years 1-5  3.250%  80%
 Years 6-20

Prime Rate**(3.25%APR as of 10/1/20)

Varies twice yearly on January 1st and July 1st with Prime Rate.


*APR = Annual Percentage Rate. All loans subject to credit approval, home eligibility, minimum and maximum loan amounts, and LTV stipulations.

**Prime rate, as published in the Wall Street Journal, currently 3.25%. Rates subject to change without notice. Rate not to exceed 17.99%.

NMLS #585840    Equal Housing Lender

Learn more about our Home Equity LOC by clicking here!

Apply for a HELOC by clicking here!