Home Equity Rates
You might want to thank your nice home for these sweet rates.
Here's some great news: Home Equity rates are among the lowest of all loan rates. What's that mean? You'll spend less on interest charges, leaving you with more money to buy or build something - or do anything else you might have planned.
Home Equity Rates
Effective Date: April 8, 2024
| Terms | APR* |
|---|---|
| 60 months | 6.24% |
| 120 months | 6.74% |
| 180 months | 7.24% |
Rate listed is second or subsequent lien position. First lien position loans may qualify for a lower rate.
Loan Payment Example: A $50,000 loan at 6.99% APR would have 180 monthly payments of $449.21 each month. Taxes and insurance premiums are not included in the payment example, so the actual payment obligation may be greater. A first (or subsequent) lien position is placed on dwelling used as security for the loan.
Loan Payment Example: A $50,000 loan at 6.99% APR would have 180 monthly payments of $449.21 each month. Taxes and insurance premiums are not included in the payment example, so the actual payment obligation may be greater. A first (or subsequent) lien position is placed on dwelling used as security for the loan.
Home Equity Line of Credit †
Effective Date: August 14, 2023
| Index (Prime Rate) | Margin | Current APR* | Maximum APR |
|---|---|---|---|
| 8.50% | -0.25% | 8.25% | 17.99% |
Variable Rate Line of Credit †
Effective Date: August 14, 2023
| Index (Prime Rate) | Margin | Current APR* | Maximum APR |
|---|---|---|---|
| 8.50% | +10.00% | 18.50% | 17.99% |
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*APR = Annual Percentage Rate
Interest rates are current as of the date posted above and are subject to change without notice. Your Annual Percentage Rate for all loans will vary based upon creditworthiness, duration of the loan, type of collateral pledged and the total loan to value.
The interest rates shown are "as low as". Your Annual Percentage Rate for all loans may vary from the stated based upon creditworthiness.
† Annual Percentage Rate may vary. Maximum APR that may be imposed in a variable-rate plan = 17.99%. Your variable rate will be the lesser of the current APR, which is the index value plus the margin, or the maximum APR.