Your home's equity is a powerful tool
As you make your mortgage payment every month, your equity increases. If the value of your home goes up due to the real estate market, your equity also increases.
You can use the equity in your home to fund a variety of improvements—not just around the house. Use a home equity loan (HELoan) or home equity line of credit (HELOC) for:
- Home renovations
- Finishing your yard
- Debt consolidation
- Educational costs
- Medical expenses
- And, more!
Featured rates accurate as of 3/26/2025 2:00pm
Three home equity options
Your HELOC resource center
Frequently asked questions
* APR = Annual Percentage Rate. All loans are subject to credit review and approval and rates are subject to change without notice.
1 Rates and terms vary depending on lien position, occupancy, loan-to-value, property type, credit score, and debt-to-income. $75 annual fee after first anniversary. The applicable interest rate is indexed to the Wall Street Journal (WSJ) Prime Rate and is subject to change with the WSJ Prime Rate. The interest rate will not exceed 18%. For a fee of $100, borrowers may lock all or a portion of the outstanding balance for a fixed term at a fixed rate. Home Equity Lines of Credit have a Draw Period and Repayment Period. During the Draw Period, the minimum monthly payment is interest only. At the end of the Draw Period, the Repayment Period begins. During the Repayment Period, the principal balance, excluding previously locked amounts, is amortized over a period of 15 years, which may increase the monthly payment previously due. No closing costs and/or origination fees on Home Equity Lines of Credit on owner occupied residences. There is an origination fee of $1,250 on non-owner occupied properties. Some loans may be eligible for additional relationship-based account benefits. For information on loan benefits, please view our checking account options.
2 Rates and terms vary depending on lien position, occupancy, loan-to-value, property type, credit score, and debt-to-income. The applicable interest rate is fixed. No closing costs and/or origination fees on Home Equity Installment Loans on owner occupied residences. There is an origination fee of $1,250 on non-owner occupied properties. Some loans may be eligible for additional relationship-based account benefits. For information on loan benefits, please view our checking account options.
3 Rates and terms vary depending on lien position, occupancy, loan-to-value, property type, credit score, and debt-to-income. $0 annual fee. The applicable interest rate is indexed to the Wall Street Journal (WSJ) Prime Rate and is subject to change with the WSJ Prime Rate. The interest rate will not exceed 18%. For a fee of $100, borrowers may lock all or a portion of the outstanding balance for a fixed term at a fixed rate. Home Equity Lines of Credit have a Draw Period and Repayment Period. During the Draw Period, the minimum monthly payment is interest only. At the end of the Draw Period, the Repayment Period begins. During the Repayment Period, the principal balance, excluding previously locked amounts, is amortized over a period of 15 years, which may increase the monthly payment previously due. No closing costs and/or origination fees on Home Equity Lines of Credit on owner occupied residences. There is an origination fee of $1,250 on non-owner occupied properties. First lien position only. Some loans may be eligible for additional relationship-based account benefits. For information on loan benefits, please view our checking account options.
4 Additional loan benefits may apply. For additional information on loan benefits, please view our checking account options.