Home Equity Line of Credit (HELOC) Promo

12-month introductory rate of 2.99%* | Rate adjusts as low as 4.00% APR after promo period

The Rundown

Flexible open line of credit that can be used and paid on for an ongoing basis.

  • Interest may be tax deductible
  • Can link directly to your checking account as overdraft protection
  • Rates typically less than credit cards
  • If not using any funds, there are no charges


Rates and terms

Draw Period – 10 years; Variable rate; Variable payment, interest only

Repayment plan – 20 years; Variable rate; Variable payment; Principle and interest payments

All loans subject to approval. Rates, fees and terms subject to change and may be terminated at any time. Consult a tax advisor regarding the deductibility of interest.

*This promotional, introductory Annual Percentage Rate (APR) applies only to new loans. Rate is effective as of May 9, 2022.  The introductory APR will convert to a variable rate after the first 12 months. The variable APR is based on the WSJ prime rate (currently 4.00%) and may adjust quarterly. After the introductory period, the variable APR can range from as low as 4.00% to a maximum of 18.00%. Approval and rate may vary based on credit history, term and security offered. Minimum qualifications for the introductory rate include 80% maximum combined loan to value and a minimum credit score of 670. Other restrictions may apply. Early termination fee of $300 if closed within first 24 months. Loan programs, rates, terms and conditions are subject to change at any time without notice. Closing costs up to $500 may apply if an appraisal is required to determine the property’s value. Proof of acceptable hazard insurance will be required.