HELOC, Home Equity, Fixed Rate Home Equity, 2nd Mortgage, Debt Consolidation, Home Equity Rates, Home Improvement, HELOC Rates, Variable Rate, Introductory Rate, Home Equity Loan, Home Equity Line of Credit, Equity
Home Equity
What builds you?

Home Equity

Tap into what you own. You’ve invested in your home and can easily tap into its value. Access low interest funds for that next home improvement, debt consolidation or purchasing whatever your life circumstances warrant.

Types of Home Equity Loans

Fixed Rates

Ideal for when you know the exact cost of a specific project or purchase.

  • Borrow up to 95% of the value of your home
  • Receive lump sum funds
  • No application fee
  • No closing costs

Line of Credit
(HELOC)

Perfect for when you’re not sure about your anticipated expenses and want to have money readily available.

  • Intro Rate of 1.99% APR* for 6 months
  • Borrow up to 95% of the value of your home
  • No application fee
  • No closing costs

Which one is right for you?

Features & Benefits
Home Equity Loan
(for specific expense)
HELOC
(for anticipated expenses)
Rate Fixed Rate
See Rates
Variable Rate Intro rate of 1.99% for 6 months
Receive lump sum
Draw as needed in person, by check and Online Banking
Interest on drawn amount only
Interest may be tax deductible**
No application fees
No prepayment penalties
No closing costs
Borrow up to 95% of the value of your home
Terms 5, 10, 15 and 20 year terms available 15 year draw period followed by 15 year repayment period
.25% Rate Reduction for Automatic Payments1
.25% Rate Reduction for PBSP2
.25% Rate Reduction for 1st Lien with Proponent
  Apply Apply

How much can you borrow?

$
$
 

Your opportunity

Borrow up to 95%
Home Equity with Proponent

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Current loan-to-value ratio: {{loanRatio}} %

Other financial institutions may only lend up to 80%

You may need to build more equity in your home. Your advocate is ready to help with a game plan and available options at 800.457.8058

These results are approximate and are intended for information only.

Here are some ideas to get you started

*APR = Annual Percentage Rate. 1.99% rate applies only for new advances, and to loans with 95% or less loan to value, 6 months from the open date for new applicants. Rate after 6 months from the open date (new applicants) will float with Prime, under the terms of our credit line agreement. Promotional Information: Your monthly payment during the promotional period will be calculated on the total loan balance at the fully indexed rate. After an advance, the loan will recalculate out to a 180 month repayment and interest will be calculated on the advanced balance at the promotional rate while interest on the existing balance will be calculated at the fully indexed rate. Application of payments during the promotional period: Payments will be first applied to satisfy the interest due on the loan. The interest will be calculated on the promotional advances at the promotional interest rate. The interest on the regular loan balance will be calculated at the rate as set forth in the original disclosure. All monies affecting the principal balance will be applied 1st to promotional balance and if any additional funds remain (after the full satisfaction of the promotional balance) they will be applied to the remaining principal on the loan balance. At the end of the promotional period, the total loan balance (the promotional advances plus the regular loan balance) will be subject to the prevailing rate as set forth in the original loan documents. Unless otherwise stated all terms and conditions remain as set forth in your original loan documents.

**Ask your tax advisor.

1Auto Payment is when your loan payment is automatically deducted from your paycheck or from one of your accounts through auto transfer.

2Premium Benefits Rate: Requires enrollment in our Premium Benefits Service Pack.

Need to discuss with an advocate?
We’re here to listen at 800.457.8058.