Home Equity Loan Rates
02/20/2025
| Term or Minimum Loan Amount | Rate | APR (Minimum) | APR (Maximum) | Payment | ||
|---|---|---|---|---|---|---|
| Home Equity Line of Credit | ||||||
| LTV Up To 95% | - | 7.74% | 13.49% | - | ||
| Home Equity Loan | ||||||
| 5 Year / $5,000 | 6.99% - 13.49% | 7.32% | 13.85% | $989.82 - $1,150.23 | ||
| 10 Year / $10,000 | 7.24% - 14.74% | 7.42% | 14.95% | $586.75 - $798.73 | ||
| 15 Year / $15,000 | 7.49% - 14.74% | 7.62% | 14.90% | $463.22 - $690.91 | ||
| 20 Year / $25,000 | 7.74% - 15.99% | 7.85% | 16.14% | $410.17 - $695.25 | ||
Home Equity Line of Credit
LTV Up To 95%
Home Equity Loan
5 Year / $5,000
10 Year / $10,000
15 Year / $15,000
20 Year / $25,000
1 Home Equity Line of Credit
10 Year Draw Period/20 Year Repayment Period
Minimum $5,000 amount. Maximum CLTV subject to collateral & credit qualifications
Home Equity APRs listed above are for owner-occupied single-family residences, are effective as of the above date, and are subject to credit and collateral approval. Home Equity Line of Credit is subject to a Variable Rate which is based on the highest Prime Rate as published in the Money Rates Section of The Wall Street Journal on the 15th day of each month (Index) plus a margin. The Index plus the Margin equals the Interest Rate. Changes in the Index will cause changes in the Interest Rate on the first day of each billing cycle. The Interest Rate will never be less than 3.75% or greater than 18.00%. Closing costs (if applicable) range from $399 to $1,500, including property appraisal and title insurance, if required. Maximum Combined Loan to Value subject to collateral and credit qualifications. Property insurance required. Other rates and terms are available for Investment Property or Manufactured Home Equity Lines of Credit.
Fees: No annual fee, $399 closing fee for loan amounts less than or equal to $100,000; $399 closing fee + all third party costs including but not limited to title, notary and recording fees for loan amounts greater than $100,000. Appraisal may be required at an additional cost.
Collateral: Single Family Residence (Primary Residence, up to 95% CLTV).
Rates and terms are effective as of the above date and are subject to change without notice.
VT Home Equity Line of Credit - VT
V = Variable Rates. T = Tiered Rates based on credit qualifications.
2 Home Equity Loans
Annual Percentage Rates (APRs) are calculated based on a loan amount of $50,000, Combined Loan to Value (CLTV) of up to 80% and a $399 loan fee. Maximum CLTV subject to collateral and credit qualifications; tiered rates are based on credit qualifications and CLTV. Loan applications are subject to credit and property approval. Representative payments shown include only Principal and Interest. Appraisal may be required at an additional cost. Property insurance required; flood insurance may be required. Maximum loan limits apply. Other rates and terms are available for Investment Property or Manufactured.
Collateral: Single Family Residence (Primary Residence, up to 95% CLTV).
Rates and terms are effective as of the above date and are subject to change without notice.