Home Equity Loans
Fixed Rate Home Equity Loan
A Fixed Rate Home Equity Loan is a great way to use your home's equity to fund life's expenses. Whether your goal is to consolidate debt, make a large purchase, home renovations, or just have a safety net, using your home’s equity is an affordable way to fund any project.
- Fixed Rate
- 5-year, 10-year, 15-year, and 20-year terms
- Borrow up to $250,000
- Perfect for home projects and more!
Fixed Rate Home Equity Loan
| TERM | INTEREST RATE | APR | MONTHLY PAYMENT |
| 5 years | 5.625% | 5.660% |
$1,915.89 Payment Details |
| 10 years | 5.750% | 5.769% |
$1,097.69 Payment Details |
| 15 years | 5.875% | 5.880% |
$837.12 Payment Details |
| 20 years | 6.000% | 6.011% |
$716.43 Payment Details |
Our Fixed Rate Equity Loan offers flexible terms of 5, 10, 15 and 20 years. You pick the term that best meets your needs!
Maximum Loan Amount: $250,000
Fixed rate equity loan products reflect the estimated initial payment against the full loan amount of $100,000 with a middle credit score of 740 and a Loan to Value (LTV) of 80%.
Note that the rates and/or fees may be higher based upon credit score.
APR = Annual Percentage Rate. A rate that reflects the actual annual cost of a loan based on the loan rate and some fees.
All rates are subject to change without notice. For the most up-to-date rates, please call or text us at 800.877.4444.
Information accurate as of August 5, 2022.
Adjustable Rate Line of Credit
| LOAN TYPE | MAXIMUM AMOUNT | MAXIMUM TERM | ANNUAL PERCENTAGE RATE |
| Home Equity | $250,000 | 10-year draw period, 20-year repayment period after last draw. Possible 30-year maximum term. | Prime Rate |
Our Home Equity FlexLOC* is a variable-rate home equity line of credit that allows you to take either your entire balance or a portion of your balance and transfer that amount into a fixed rate loan at no cost. That means you can spend your money, how you want.
Maximum Amount: $250,000
Rates posted are based on the following assumptions:
A combined loan-to-value of 80% or less and a minimum credit score of 740.
Note that the rates and/or fees may be higher based upon credit score and line amount.
APR = Annual Percentage Rate. A rate that reflects the actual annual cost of a loan based on the loan rate and some fees.
All rates are subject to change without notice. For the most up-to-date rates, please call or text us at 800.877.4444.
Information accurate as of August 5, 2022.
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Learn MoreFixed Rate Home Equity Loan
| TERM | INTEREST RATE | APR | MONTHLY PAYMENT |
| 5 years | 5.625% | 5.660% |
$1,915.89 Payment Details |
| 10 years | 5.750% | 5.769% |
$1,097.69 Payment Details |
| 15 years | 5.875% | 5.880% |
$837.12 Payment Details |
| 20 years | 6.000% | 6.011% |
$716.43 Payment Details |
Our Fixed Rate Equity Loan offers flexible terms of 5, 10, 15 and 20 years. You pick the term that best meets your needs!
Maximum Loan Amount: $250,000
Fixed rate equity loan products reflect the estimated initial payment against the full loan amount of $100,000 with a middle credit score of 740 and a Loan to Value (LTV) of 80%.
Note that the rates and/or fees may be higher based upon credit score.
APR = Annual Percentage Rate. A rate that reflects the actual annual cost of a loan based on the loan rate and some fees.
All rates are subject to change without notice. For the most up-to-date rates, please call or text us at 800.877.4444.
Information accurate as of August 5, 2022.
Adjustable Rate Line of Credit
| LOAN TYPE | MAXIMUM AMOUNT | MAXIMUM TERM | ANNUAL PERCENTAGE RATE |
| Home Equity | $250,000 | 10-year draw period, 20-year repayment period after last draw. Possible 30-year maximum term. | Prime Rate |
Our Home Equity FlexLOC* is a variable-rate home equity line of credit that allows you to take either your entire balance or a portion of your balance and transfer that amount into a fixed rate loan at no cost. That means you can spend your money, how you want.
Maximum Amount: $250,000
Rates posted are based on the following assumptions:
A combined loan-to-value of 80% or less and a minimum credit score of 740.
Note that the rates and/or fees may be higher based upon credit score and line amount.
APR = Annual Percentage Rate. A rate that reflects the actual annual cost of a loan based on the loan rate and some fees.
All rates are subject to change without notice. For the most up-to-date rates, please call or text us at 800.877.4444.
Information accurate as of August 5, 2022.
Payment Calculator
Format: 12m, 36m, 3y, 7y
Payment Details
Monthly Payment:
$219.73
Number of Payments:
36
Total Payments:
$7,910.37
Total Interest:
$410.37
Frequently Asked Questions
-
How much am I eligible to borrow?
We offer Fixed Home Equity Loans up to $250,000; however, the amount you’ll be eligible to borrow depends on factors such as your home’s value and your credit. To find out what you’re eligible for, give our Real Estate Team a call at 800.877.4444 extension 4110.