Introductory rate as low as
7.801% APR*+
for a home equity line of credit
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Using your home equity is the smart way to finance your dreams. With home values rising in your area, now is the time to take advantage of increased equity in your home to pay for that much needed kitchen remodel, other home improvement project or other major expense.
Pay lower rates than other financing methods
Quick loan processing and local decisions
Smart way to tackle major projects and expenses
Typically lower rates than credit cards
Increased home values means more equity is available
Rates subject to change. APY= Annual Percentage Yield. APR= Annual Percentage Rate.
30 day lock Purchase. Click product for rates, terms & conditions.
Rates as of 12/01/2024 10:00 aM PT
Please note that rates and fees are subject to change without notice.
HELOC *APR=Annual Percentage Rate. The interest rate is variable and can adjust from the start rate of 7.740% (7.801% APR) based on a margin of -0.010% plus the Wall Street Journal Prime Rate. There is a floor rate of 4.000% (4.051% APR) and a maximum cap rate of 18.000% (18.100% APR). APR calculation at 7.801% APR includes a one-time $395 Underwriting Fee charged at closing, which can be waived with an initial draw balance of $10,000 or more at close of escrow. Annual fee on HELOC of $50 not included on APR calculation. On a $75,000 loan balance, monthly payment would be $483.75 interest-only at the current 7.801% APR. The term of the HELOC is 25 years: 10-year draw period, 15-year repayment period. Interest-only minimum payments for the first 10 years, amortized over remaining 15 years. This offer is only for second liens. Liens in first position will have additional costs. Annual fee on HELOC of $50. If account is closed within three years, a $500 early-closure fee applies. If choosing to elect for an appraisal inspection report option versus the standard Automated Valuation Method, you may also be charged an appraisal fee ranging usually $200 to $900. Otherwise the defaulted Automated Valuation Method in lieu of appraisal is paid on your behalf. In receiving a pre-screened offer to apply, credit approval is still required with a one-time credit report hard inquiry at application. Loan terms subject to change based on your credit score and combined loan-to-value (CLTV).
+Variable introductory rate of 7.740% (7.801% APR) of based on the Wall Street Journal Prime Rate (“Prime”) (7.750% as of 12/01/2024) plus a margin of -0.010% and will vary with Prime and is subject to change. Intro rate of 7.740% (7.801% APR) can adjust to the higher of the Wall Street Journal Prime Rate index plus a margin of -0.010% or the floor rate of 4.000% (4.051% APR) at the first quarterly adjustment. Rate/APR assumes a new $75,000 HELOC in second lien position with a combined loan-to-value (CLTV) ratio up to 70.00% on a 1-unit owner-occupied primary residence and a borrower with a FICO score less than 760. APR may vary based on CLTV greater than or equal to 70.01%, FICO score less than or equal to 760, and other factors such as sufficient equity and credit approval. Property insurance is always required and flood insurance is required when necessary. Owner-occupied primary residence and California property only – manufactured homes and mobile homes are not eligible. Consult a tax advisor regarding the deductibility of interest. Other restrictions and fees may apply. See account disclosure for complete details.
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