Home Equity Lines

  • 0% APR* (First 90 Days); Currently your APR may vary as low as 3.25% APR*

    Equity in your house means cash in your hand. BankPlus is currently offering a limited time special on equity lines of credit at super low rates.

    Whether you are in the market for a new equity line or wish to move your current equity line from another bank, BankPlus offers one of the lowest rates in the market. Plus payments can be automatically debited from a BankPlus checking account and the interest may be tax deductible.*

    With an EquityPlus line of credit, you can use the funds for anything you like including home renovations, a vacation, a new car purchase or debt consolidation.

    * Introductory rate of 0% Annual Percentage Rate (APR) is fixed for the first 90 days.  APR will vary based on the U.S. Prime as published in the Wall Street Journal plus a margin. Interest rate margins are based on your loan amount, credit history, and loan-to-value. As of March 16, 2020 the Prime Rate was 3.25%. The minimum line of credit is $5,000. The maximum APR may not exceed 21% and the minimum APR will never be lower than 3.25%. Offer subject to credit approval. Certain fees may apply from $0 to $1,000 when payment is not debited from a BankPlus checking account. Property insurance required and flood insurance if applicable. Consult your tax advisor regarding deductibility of interest. Offer subject to change or cancellation at any time.  All applicants may not qualify for all products.  Introductory rate of 0% is only available for new EquityPlus accounts.