1.99%* APR Home Equity Line of Credit Promotion for 12 mo.
Tap into your home’s value
Buying a car, taking a vacation, getting new furniture or even consolidating debt. A Consumers home equity line of credit (HELOC) let's you use your home's equity to get the things you care about. With a HELOC, you are able to take out a loan against the current value of your home and borrow up to a certain amount. The loan uses a revolving credit line so you are able to charge and pay the loan back as you go.
For a limited time, we're offering an introductory 1.99% APR for 12 months HELOC! After which, the rate will adjust to as low as 3.25% APR.APPLY NOW
12-month introductory rate of 1.99%* | Rate adjusts as low as 3.25% APR after promo period
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.
*This promotional, introductory Annual Percentage Rate (APR) applies only to new loans. Rate is effective as of February 1, 2021. 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 3.25%) and may adjust quarterly. After the introductory period, the variable APR can range from as low as 3.25% 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 85% maximum combined loan to value and a minimum credit score of 660. 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.