Home Equity Rates

Home Equity Rates

Rates as of:
Home Equity Type Term APR*
Home Equity Installment 1
(up to 80% property value)
Up to 20 years 6.375% - 8.411%**
Home Equity Installment 2
(up to 90% property value)
Up to 20 years 7.125% - 9.788%**
Home Equity Line of Credit 3
(up to 90% property value)
Up to 25 years. 10-year draw period and up to 15-year repayment period. 4.00% - 12.00%
(variable rate)
No Equity Home Improvement Loan 4 Up to 60 months 10.74%

*APR = Annual Percentage Rate. Rates subject to change at any time.
**Actual rate based on applicant's payment and credit history. Additional appraisal fee may apply should one be needed.
Some housing exceptions may apply. Payment example: On a $20,000.00 loan with a 5 year term up to 80% property value at 6.375% APR, monthly payments would be $390.16. Closing costs range from $500 to $2,000. Maximum loan amount is $350,000.
Some housing exceptions may apply. Payment example: On a $20,000.00 loan with a 5 year term up to 90% property value at 7.125% APR, monthly payments would be $397.21. Closing costs range from $500 to $2,000. Maximum loan amount is $350,000.
Minimum Annual Percentage Rate (APR) Floor of 4.00%. Maximum APR is 12.00%. APR calculation is subject to change monthly and is based on the Prime Rate as published in the Wall Street Journal. Required payments are calculated at 1% of the outstanding balance. Maximum loan amount is $350,000 with a 10-year draw period and up to 15-year repayment period. Properties must be owner-occupied. Eligible property types include SFD and Townhomes (up to 90%), and condos (up to 80%); Not eligible for multi-family properties. Some housing exceptions apply. Closing costs range from $500 to $2,000. Maximum loan amount is $350,000. The consumer should consult a tax advisor for information regarding the deductibility of interest and charges.
Maximum loan amount is $25,000. Offer is subject to normal credit qualifications. Payment Example: On a No Equity Home Improvement Loan with a term of 5 years at 10.74% APR, monthly payments would be $540.33 based on $25,000 borrowed.