HELOCK Rates
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1st Lien Position
60 Months
APR1 (as low as) 6.49%
Monthly Payment2 $19.56120 Months
APR1 (as low as) 6.99%
Monthly Payment2 $11.61180 Months
APR1 (as low as) 7.24%
Monthly Payment2 $9.12240 Months
APR1 (as low as) 7.74%
Monthly Payment2 $8.20 -
2nd Lien Position
60 Months
APR1 (as low as) 7.24%
Monthly Payment2 $19.91120 Months
APR1 (as low as) 7.74%
Monthly Payment2 $12.00180 Months
APR1 (as low as) 7.99%
Monthly Payment2 $9.55240 Months
APR1 (as low as) 8.49%
Monthly Payment2 $8.67
*Rates subject to change with out notice.
1. APR is Annual Percentage Rate. Your rate may vary based on your creditworthiness, loan-to-value ratio and repayment option. As of August 20, 2023, the prime rate was 8.50% and the lowest variable rate available was 8.25% APR. The APR will not vary above 18.00% APR nor below 3.99% APR. Interest only HELOCKs have higher rates. Consult a tax advisor regarding deductibility of interest and fees.2. Lock-in feature allows up to five fixed-rate amounts at any one time. Monthly payment for fixed-rate is based on payment per $1,000 for term and rate shown above. First rate lock is free; $35.00 for each additional. Minimum fixed-rate loan amount is $5,000.
3. VPR is Variable Periodic Rate. VPR is subject to change monthly. Your rate may vary based on your creditworthiness, loan to value ratio and repayment option. Minimum line of credit amount is $10,000. If a balance remains on the line of credit at the maturity of the 20 year mortgage, a balloon payment may result. MINIMUM PAYMENT EXAMPLE: If you made only the minimum monthly payment and took no other credit advances it would take 20 years to pay off a credit advance of $10,000 at an ANNUAL PERCENTAGE RATE of 4.00%. During that period, you would make 120 payments of $30.68 to $33.97, followed by 119 payments of $41.79 to $125.00 and a final balloon payment of $3,354.77.
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Variable, Revolving
APR1 (as low as)
8.25%
VPR3 (as low as)
Prime – 0.50%
Monthly Payment2
Minimum $25 or 1.25% of the principal balance as of the time of the draw, whichever is greater
*Rates subject to change with out notice.
1. APR is Annual Percentage Rate. Your rate may vary based on your creditworthiness, loan-to-value ratio and repayment option. As of August 20, 2023, the prime rate was 8.50% and the lowest variable rate available was 8.25% APR. The APR will not vary above 18.00% APR nor below 3.99% APR. Interest only HELOCKs have higher rates. Consult a tax advisor regarding deductibility of interest and fees.2. Lock-in feature allows up to five fixed-rate amounts at any one time. Monthly payment for fixed-rate is based on payment per $1,000 for term and rate shown above. First rate lock is free; $35.00 for each additional. Minimum fixed-rate loan amount is $5,000.
3. VPR is Variable Periodic Rate. VPR is subject to change monthly. Your rate may vary based on your creditworthiness, loan to value ratio and repayment option. Minimum line of credit amount is $10,000. If a balance remains on the line of credit at the maturity of the 20 year mortgage, a balloon payment may result. MINIMUM PAYMENT EXAMPLE: If you made only the minimum monthly payment and took no other credit advances it would take 20 years to pay off a credit advance of $10,000 at an ANNUAL PERCENTAGE RATE of 4.00%. During that period, you would make 120 payments of $30.68 to $33.97, followed by 119 payments of $41.79 to $125.00 and a final balloon payment of $3,354.77.
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Variable, Revolving
APR1 (as low as)
8.75%
VPR3 (as low as)
Prime + 0.50%
Monthly Payment2
Monthly payment is the interest accrued.
*Rates subject to change with out notice.
1. APR is Annual Percentage Rate. Your rate may vary based on your creditworthiness, loan-to-value ratio and repayment option. As of August 20, 2023, the prime rate was 8.50% and the lowest variable rate available was 8.50% APR. The APR will not vary above 18.00% APR nor below 3.99% APR. Interest only HELOCKs have higher rates. Consult a tax advisor regarding deductibility of interest and fees.2. Lock-in feature allows up to five fixed-rate amounts at any one time. Monthly payment for fixed-rate is based on payment per $1,000 for term and rate shown above. First rate lock is free; $35.00 for each additional. Minimum fixed-rate loan amount is $5,000.
3. VPR is Variable Periodic Rate. VPR is subject to change monthly. Your rate may vary based on your creditworthiness, loan to value ratio and repayment option. Minimum line of credit amount is $10,000. If a balance remains on the line of credit at the maturity of the 20 year mortgage, a balloon payment may result. MINIMUM PAYMENT EXAMPLE: If you made only the minimum monthly payment and took no other credit advances it would take 20 years to pay off a credit advance of $10,000 at an ANNUAL PERCENTAGE RATE of 4.00%. During that period, you would make 120 payments of $30.68 to $33.97, followed by 119 payments of $41.79 to $125.00 and a final balloon payment of $3,354.77.
