Home Equity Lenders
APR
Rate
Initial Draw
Contact details
2.750% APR 2.750% Rate $25,000 Min. Initial Draw Amount
Conditions:
APR is variable and based on the Prime Rate (Prime) published in the Wall Street Journal (3.25% as of 1/1/2021) minus 0.50% adjusted each billing cycle. To receive the lowest rate, Eastern Bank requires a minimum draw of $25,000 and establishing automatic payments from an Eastern Bank Personal Checking Account. Minimum APR is 2.75%. Maximum APR is 18%. Minimum line amount is $10,000 and maximum line amount is $2,500,000. Subject to credit application and approval. Rates are subject to change.
  • Simple online applications means you can apply anywhere.
  • Ability to convert your variable rate into as many as five fixed-rate loans.
  • No appraisal fees for line requests under $400k!
  • Easy access to funds through your phone or online.
4.000% APR 4.000% Rate $0 Min. Initial Draw Amount
Conditions:
Rates and terms are subject to change without notice. Applications are subject to credit approval. The Annual Percentage Rate (“APR”) is a variable rate and is established based on an Index PLUS or MINUS a margin. The Index is the highest United States Prime Rate as published in the Eastern Edition of The Wall Street Journal ("Prime Rate") on the last business day before the start of each month’s billing cycle. The minimum APR is 3.50%. The maximum APR is 18.00%. The rates shown reflect a 1-to 2 unit owner occupied primary residence, including condominiums. Receive a .25% percentage point rate discount if you choose to make your payment using auto debit from a People’s United checking account. Other terms and conditions may apply. There is a $75 annual fee, which is waived for qualified People’s United Bank checking accounts. There is a prepayment penalty fee of $500 if you close your account within two (2) years after the date of your Note. If the Note is secured by property located in the State of New York, borrower(s) must also pay People’s United Bank back the mortgage tax paid by the Bank at the time of the origination of the Note . Home Equity Lines of Credit are available only for 1 - 4 unit owner occupied primary residences, 1 unit second homes and condominiums in Connecticut, Massachusetts, Maine, Vermont, New Hampshire and select counties in the state of New York and are not available on cooperatives or properties listed for sale. The Home Equity Line of Credit has a minimum line amount of $25,000 and a maximum line amount of $750,000. Property insurance is required. Flood insurance may be required. People’s United Bank, N.A. Member FDIC Equal Housing Lender NMLS#464603
  • No appliction fee, no origination fee and no closing costs
  • Pay interest only during the 9.5 year draw period
  • Over 175 years of exceeding customer expectations
  • Fast and easy online application - apply today
2.990% Intro APR
3.750% After Intro PeriodIntro Period: 12 months
3.750% Rate $25,000 Min. Initial Draw Amount
Conditions:
Home Equity rates and terms are subject to change without notice. All offers of credit are subject to credit approval; applicants may be offered credit at higher rates and other terms. Loan-to-value restrictions apply. Hazard insurance is required on all loans secured by real property; flood insurance may also be required. No closing costs on new HELOCs up to $500,000. The borrower will have an increased APR rate if the borrower does not (i) take an advance of $25,000 and maintain this balance for 12 months, and (ii) have automatic transfers from any Bethpage personal savings or checking account for the monthly HELOC payment. Published rates and terms based on primary homes. Home Equities not offered in TX. $5.00 minimum share account required. Membership conditions apply.
  • Rates as low as 3.25%
  • Prime Rate as of 3/16/2020 = 3.25% (Wall Street Journal).
  • No application or closing costs
4.840% APR 4.840% Rate $0 Min. Initial Draw Amount
Conditions:
Get a home equity line of credit with a fixed rate as low as 2.99% APR for up to 5 years.*
  • Minimum monthly payment will vary based on outstanding balance and APR
  • Payments do not include taxes or insurance.
Fastest HELOC on the planet! Apply in 5 minutes & close in days
Conditions:
For Figure Home Equity Line, APRs can be as low as 2.49% for the most qualified applicants and will be higher for other applicants, depending on credit profile and the state where the property is located. For example, for a borrower with a CLTV of 45% and a credit score of 800 who is eligible for and chooses to pay a 4.99% origination fee in exchange for a reduced APR, a five-year Figure Home Equity Line with an initial draw amount of $50,000 would have a fixed annual percentage rate (APR) of 2.49%. The total loan amount would be $52,495. Your actual rate will depend on many factors such as your credit, combined loan to value ratio, loan term, occupancy status, and whether you are eligible for and choose to pay an origination fee in exchange for a lower rate. Payment of origination fees in exchange for a reduced APR is not available in all states. In addition to paying the origination fee in exchange for a reduced rate, the advertised rates include a combined discount of 0.75% for opting into Credit Union Membership (0.50%) and enrolling in autopay (0.25%). APRs for home equity lines of credit do not include costs other than interest. Property insurance is required as a condition of the loan and flood insurance may be required if your property is located in a flood zone.
  • Seamless process with fixed rates from 2.49% APR*. HELOC up to $250K
  • 100% digital app & online appraisal
  • Use to consolidate debt or finance your next project
  • Apply in 5 minutes, funding as fast as 5 days.
1.740% Intro APR
5.420% After Intro PeriodIntro Period: 12 months
5.420% Rate $25,000 Min. Initial Draw Amount
3.500% APR 3.500% Rate $15,000 Min. Initial Draw Amount
1.490% Intro APR
3.740% After Intro PeriodIntro Period: 12 months
3.740% Rate $25,000 Min. Initial Draw Amount
1.990% Intro APR
3.250% After Intro PeriodIntro Period: 12 months
3.250% Rate $0 Min. Initial Draw Amount
5.000% APR 5.000% Rate $30,000 Min. Initial Draw Amount
3.250% APR 3.250% Rate $0 Min. Initial Draw Amount
5.500% APR 5.500% Rate $0 Min. Initial Draw Amount
4.540% APR 4.540% Rate $0 Min. Initial Draw Amount
2.400% Intro APR
3.000% After Intro PeriodIntro Period: 24 months
3.000% Rate $10,000 Min. Initial Draw Amount
2.990% APR 2.990% Rate $0 Min. Initial Draw Amount
4.490% APR 4.490% Rate $0 Min. Initial Draw Amount
2.750% APR 2.750% Rate $25,000 Min. Initial Draw Amount
3.750% APR 3.750% Rate $0 Min. Initial Draw Amount
2.750% Intro APR
3.000% After Intro PeriodIntro Period: 12 months
3.000% Rate $0 Min. Initial Draw Amount
4.500% APR 4.500% Rate $0 Min. Initial Draw Amount
2.490% Intro APR
4.820% After Intro PeriodIntro Period: 6 months
4.820% Rate $50,000 Min. Initial Draw Amount
3.250% APR 3.250% Rate $0 Min. Initial Draw Amount
4.490% APR 4.490% Rate $0 Min. Initial Draw Amount
3.300% APR 3.300% Rate $0 Min. Initial Draw Amount
3.250% APR 3.250% Rate $0 Min. Initial Draw Amount
5.500% APR 5.500% Rate $25,000 Min. Initial Draw Amount

Disclaimer:
Data provided by Brown Bag Marketing, Inc. Payments do not include amounts for taxes and insurance premiums. Click here for more information on rates and product details.

Home Equity Line of Credit - Rates are based on a variable rate, second lien revolving home equity line of credit for an owner occupied residence with an 80% loan-to-value ratio for line amounts of $50,000 or $50,000+. Discount indicates the amount of reduction in the Rate for having monthly payments automatically deducted from an account and/or for having other relationship accounts with the institution, expressed as a percentage. Rates shown may be subject to regional pricing. Conditions 'No closing costs' indicates that customer is not required to pay closing costs on the line of credit. 'With closing costs' indicates that customer is required to pay closing costs on the line of credit. Rates displayed may include discounts. Rates are subject to change without notice.