Home Equity Rates

If you’re a homeowner, you can use the equity you have built up in your home to secure possibly the lowest-rate financing available. And, whether you select a variable-rate Home Equity Line of Credit or a fixed-rate Home Equity Loan, the interest may be tax-deductible (check with your tax advisor).

Fixed Rate Equity Loans*
(Effective: June 30 , 2014)
Program Term APR Monthly Payments
per $1000 borrowed
Home Equity Loans 36 months 3.000% $29.04
48 months 3.375% $22.31
60 months 3.625% $18.25
84 months 5.000% $14.14
120 months 5.250% $10.73
*Annual Percentage Rate (APR) subject to change without notice.1-4 family owner-occupied properties only. Property insurance is required. Minimum loan amount $25,000. Maximum loan amount $100,000. Maximum loan to value 70%. Value based on most recent tax assessment. If an appraisal is required there is a fee of $350 – $525. Other restrictions may apply. Consult a tax advisor as to the deductibility of interest.

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