Home Equity Rates

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Product APR Maximum Loan Type Terms (Months)
Home Equity Fixed 5 year term 3.99% $250,000.00 Fixed 60
Home Equity Fixed 10 year term 4.24% $250,000.00 Fixed 120
Home Equity Fixed 15 year term 4.49% $250,000.00 Fixed 180
Home Equity Fixed 20 year term 4.99% $250,000.00 Fixed 240
Home Equity Line 2.99%* $250,000.00 Variable 240
*APR –  2.99% Annual Percentage Rate.  The prime rate is based on the highest prime rate published in the Wall Street Journal. On July 31, 2020 prime rate was 3.25%. The current APR for a Home Equity Line of Credit using the prime rate minus 0.26% margin is 2.99%. The APR will never exceed 9.99%. If applicable, your payments will change on the first day of the month. At no time during the life of your loan will your interest rate go below 2.99% nor will it go any higher than 9.99%. Your annual rate change per year cannot exceed 2.00%.  Loan Rates and current offer are subject to individual qualifying factors and may change at any time without notice, your rate may be higher.

Rates

*APR –  2.99% Annual Percentage Rate.  The prime rate is based on the highest prime rate published in the Wall Street Journal. On July 31, 2020 prime rate was 3.25%. The current APR for a Home Equity Line of Credit using the prime rate minus 0.26% margin is 2.99%. The APR will never exceed 9.99%. If applicable, your payments will change on the first day of the month. At no time during the life of your loan will your interest rate go below 2.99% nor will it go any higher than 9.99%.