Home Equity & Home Improvement
These rates are effective August 1, 2022.
Schedule an appointment with one of our loan experts, or learn more about home equity loans.
Home Equity Fixed
| Name | APR as low as* | Loyalty APR as low as° | Payment* |
|---|---|---|---|
| 5 Year (60 mos.) Fixed Home Equity | 4.50% | 4.25% | $463 |
| 10 & Done⫧ | 4.99% | 4.74% | $265 |
| 10 Year (120 mos.) Fixed Home Equity | 5.00% | 4.75% | $265 |
| 15 Year (180 mos.) Fixed Home Equity | 5.50% | 5.25% | $204 |
| 20 Year (240 mos.) Fixed Home Equity | 6.00% | 5.75% | $179 |
Monthly payment example based on loan amount of $25,000.
Apply for a Home Equity
Home Equity Line of Credit (HELOC)
Lines of credit have a 25-year term with a fixed rate for the first 5 or 10 years and a variable rate after.
| Name | APR as low as* | Loyalty APR as low as° |
|---|---|---|
| 5 Year (60 mos.) Fixed Home Equity (Line of Credit) | 4.50% | 4.25% |
| 10 Year (120 mos.) Fixed Home Equity (Line of Credit) | 5.00% | 4.75% |
Maximum APR is 21%. Add 1.0-2.5% to interest rate for loans with loan-to-value ratio over 80%. The required minimum payment of $50 or 1% of loan balance, whichever is greater, may not reduce principal. For a $25,000 Home Equity Line of Credit balance at 4.25% APR, the monthly payment will be $250.
Apply for a HELOC
Home Improvement Loans
Secured with your home
Finance up to 133% of your home's value, up to $250,000.
| Name | APR as low as* | Loyalty APR as low as° | Payment* |
|---|---|---|---|
| 5 Year (60 mos.) | 6.25% | 6.00% | $486 |
| 10 Year (120 mos.) | 6.75% | 6.50% | $287 |
| 15 Year (180 mos.) | 7.25% | 7.00% | $228 |
Unsecured
Borrow up to $25,000 with terms between 5 and 15 years based on your credit rating
| Level I ($2,000 - $10,000) | APR as low as* | Loyalty APR as low as° | Payment* |
|---|---|---|---|
| 5 Year (60 mos.) | 8.00% | 7.75% | $504 |
| 10 Year (120 mos.) | 8.50% | 8.25% | $307 |
| Level II ($10,001 - $25,000) | APR as low as* | Loyalty APR as low as° | Payment* |
|---|---|---|---|
| 5 Year (60 mos.) | 7.50% | 7.25% | $498 |
| 10 Year (120 mos.) | 8.00% | 7.75% | $300 |
| 15 Year (180 mos.) | 8.50% | 8.25% | $243 |
Monthly payment example based on loan amount of $25,000.
Apply for a Home Improvement Loan
* APR = Annual Percentage Rate. Rates, terms and conditions subject to change and may vary based on qualifications including creditworthiness, loan-to-value ratio and collateral conditions. All loans subject to approval.
° Includes Loyalty Program discount of 0.25% APR when enrolled in eDocs and while maintaining direct deposit of net income to Veridian or, if unavailable, a minimum of 10 qualifying checking account transactions per month. Borrowers will lose discount if they fail to meet Loyalty Program qualifications during loan term. See Veridian for details.
⫧ Payment example does not include taxes or insurance. Loan must be in first lien position.