Home Equity Loans

Painting

Get your project started.

You have projects. We have affordable financing to get them started. With low rates and fees and a fast funding process, you’ll save time and money when you choose an Advantis home equity loan!

Home Equity Line of Credit

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A home equity line of credit ("HELOC") is an excellent choice when you want a line of credit to pay for certain expenses as they arise. You can use the funds however you wish, and it's easy to take an advance at any time.

  • See our low HELOC rates
  • Interest may be tax-deductible (consult your tax advisor)
  • Borrow up to 90% of your appraised home value for qualified borrowers (less any mortgages)
  • Loan limits from $10,000 to $250,000 or more for qualified borrowers
  • Convenient access to your funds through our telephone teller, mobile and online banking
  • Convert your balance to a fixed rate loan at any time**
**You may use the fixed rate conversion option two times over the life of the loan. There is no fee for the first conversion. The fee for second conversions is $50. To reconvert back to an adjustable line of credit is $100.00.

*All home equity rates are based on your credit history, current credit report and loan to value ratio. All loans are subject to underwriting approval. For all real estate loans property insurance is required and flood insurance may be required. APR is based on Wall Street Journal Prime Rate plus or minus a margin. The Prime Rate is currently 4.25%. Maximum APR is 12.00%. Minimum APR is 3.99%. Closing costs range from $525.00 to $2,900.00, depending on loan amount, loan position and appraisal costs. This loan has a fixed rate conversion option. You may convert all or part of the outstanding balance up to 2 times during the draw period. First loan conversion is free; the fee for the second conversion is $50.00. The fee to reconvert back to a variable rate credit line is $100.00. The rate for the fixed rate conversion will be set at the time of conversion and will be based on Prime Rate plus a margin.