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 | 4.125% | 4.160% |
$1,847.30 Payment Details |
| 10 years | 4.250% | 4.268% |
$1,024.38 Payment Details |
| 15 years | 4.375% | 4.388% |
$758.62 Payment Details |
| 20 years | 4.500% | 4.510% |
$632.65 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.
*Rates accurate as of May 18th, 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 May 18th, 2022.
Related Products and Services
Mortgage Loans
Learn MoreCompare Home Loans
Learn MoreSignature Loans
Learn MoreFinancial Education
Learn MoreSavings Accounts
Learn MoreBlog
Learn MoreFixed Rate Home Equity Loan
| TERM | INTEREST RATE | APR | MONTHLY PAYMENT |
| 5 years | 4.125% | 4.160% |
$1,847.30 Payment Details |
| 10 years | 4.250% | 4.268% |
$1,024.38 Payment Details |
| 15 years | 4.375% | 4.388% |
$758.62 Payment Details |
| 20 years | 4.500% | 4.510% |
$632.65 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.
*Rates accurate as of May 18th, 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 May 18th, 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.