Home Equity Line
Find a BranchTurn Your Home’s Equity Into Opportunity
Whether you're starting a renovation, consolidating debt, or making a big purchase, your home's equity can help you get there. BankPlus offers a flexible, convenient Home Equity Line of Credit (HELOC) with competitive rates and features designed to work for you.
Special Offer: 4.99% APR for the First 90 Days
For a limited time, enjoy an introductory 4.99% Annual Percentage Rate (APR) for the first 90 days on new Home Equity Line accounts. After that, your rate will adjust to a competitive variable rate based on the current market.
Why Choose a BankPlus Home Equity Line?
- Low rates: Among the most competitive in the market.
- Flexibility: Use funds as needed—for home improvements, education, a new vehicle, or to consolidate high-interest debt.
- Convenient payments: Easily make payments through online banking or automatic drafts from your BankPlus checking account.
- Possible tax advantages: Interest may be tax deductible. *
You Might Also Be Interested In:
Ready to Get Started?
At BankPlus, we’re committed to helping you reach your financial goals with competitive interest rates and a team of friendly, knowledgeable bankers who are here to guide you every step of the way. Whether you're planning a major purchase, consolidating debt, or covering unexpected expenses, we’ll help you find the personal loan that fits your needs. You can visit your local branch or call us today to explore your options and get started.
*The 4.99% Annual Percentage Rate (APR) is a discounted introductory rate effective for the first 90 days from the date of agreement. After that, the APR is variable and based on the U.S. Prime Rate as published in the Wall Street Journal. The APR can change daily and will not be higher than 21.00%. During the 85-month draw period, monthly payments will equal the accrued finance charges only; a final balloon payment of the remaining balance will be due in the final month. For example, a $10,000 advance at 8.50% APR would result in 84 monthly payments ranging from $65.21 to $72.19 and a final payment of $10,072.19. Fees may include a $250 document preparation fee (waived with auto-transfer setup), a late payment fee of $18 or 5% of the overdue amount (whichever is greater), and third-party closing costs ranging from approximately $30 to $1,500 for services such as appraisals, title opinions, and government recordings. This HELOC is secured by your home. Failure to meet repayment obligations may result in the loss of your home. *Consult a tax advisor regarding the deductibility of interest.