Home Equity Rates

Equity Line Of Credit

Term Rate
15 Year Draw Period 6.49% introductory rate for first 12 months, then 7.75% (Prime Rate minus 0.75%)† (Prime Rate equal to 8.50% APR as of 5/17/2024)

Spectrum Home Loan

Term Rate
12 yrs 7.125% APR**
17 yrs 7.375% APR**

Equity Loans

Term Rate
5 yrs 7.25% APR***
10 yrs 7.50% APR***
15 yrs 7.75% APR***
20 yrs 8.00% APR***

Equity Optimizer

Type Term Rate
Fixed Rate 5 yrs 8.50% APR****
10 yrs 8.75% APR****
15 yrs 9.00% APR****
20 yrs 9.25% APR****
HELOC 15 year draw period; 10 year repayment 9.00% (Prime Rate plus 0.50%)***** (Prime Rate equal to 8.50% APR as of 5/17/2024)