Learn how to put your equity to work

Explore our home equity options

So many ways to use your equity

If you have equity in your home, use it to make a variety of improvements - not just around the house. Interest rates on home equity loans and lines of credit are typically lower than credit cards, which helps you save money in the long run.

Debt consolidation

Home renovations

Jumpstart your education

Dream vacation or event

Frequently asked questions

Home equity refers to the difference between what you owe on a mortgage and what your home is currently worth. To determine the amount of equity you have, subtract the balance of your mortgage from the current value of your home.

A loan is a lump sum of money paid over a fixed amount of time. A line of credit allows you to draw, repay, and draw again as you need funds.

Depending on the exact terms of your loan, you may be able to convert some or all of your variable-rate balance to a fixed-rate option.


1 Rates and terms vary depending on lien position, occupancy, loan-to-value, property type, credit score, and debt-to-income. $50 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 $50, 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 on Home Equity Lines of Credit on owner occupied primary residences or second homes. There is an origination fee of $1,250 on non-owner occupied properties. All loans subject to credit review and approval and rates are subject to change without notice. Additional discounts may apply. For additional loan discount information, 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 on Home Equity Installment Loans on owner occupied primary residences or second homes. There is an origination fee of $1,250 on non-owner occupied properties. All loans subject to credit review and approval and rates are subject to change without notice. Additional discounts may apply. For additional loan discount information, 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. $50 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 $50, 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 on Home Equity Lines of Credit on owner occupied primary residences or second homes. There is an origination fee of $1,250. 1st lien position only. All loans subject to credit review and approval and rates are subject to change without notice. Additional discounts may apply. For additional loan discount information, please view our checking account options.

4 APR = Annual Percentage Rate. Rate ranges from 3.30% to 10.35% APR. All loans subject to credit review and approval and rates are subject to change without notice. For additional loan discount information, please view our checking account options.

5 APR = Annual Percentage Rate. Rates range from 3.24% to 9.54% APR. All loans subject to credit review and approval and rates are subject to change without notice. For additional loan discount information, please view our checking account options.

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