Home Equity Master Line

A Maps Home Equity Master Line is a great way to take advantage of the equity in your home, which grows as your home’s value grows. Use it on anything from home improvements, paying off debts, and financing an education. ​

NMLS Registry Numbers

Home Equity Master Line Features

  • Line of credit to use for up to 10 years, with an additional 15 years to repay
  • Ability to lock in 3 loans under one line of credit
  • Check writing options
  • Fixed and variable rate options
  • No pre-payment penalty
  • Available on vacation homes
  • Interest may be tax deductible, consult your tax advisor

Rates may change at any time. Other terms and conditions may apply.
 

Home Equity Rates

Home Equity Master Line

Repayment Terms APR Loan to Value
10 year draw & up to 15 years to repay 5.75%-8.75% up to 90% LTV

HELOC Owner-Occupied. Payment based on balance. $25.00 annual fee assessed January of each year. Borrower pays closing costs. Annual Percentage Rate (APR)* and maximum loan amount will be based on your credit qualifications and loan to value ratio. The variable APR may adjust quarterly based on Wall Street Prime plus or minus a margin. Minimum APR 3.49%. Maximum APR 18%.

Home Equity Master Line Disclosures

Lock-In Option - Variable

Repayment Terms APR
Terms 5, 10, 15, or 20 years 5.50%-7.50%

Rate is fixed for the first five years, then it may adjust every 5 years based on Wall Street Prime** plus a margin. Minimum APR 4.00%. Maximum APR 18%. Stated rates include .25% auto pay discount. Lock-In fee $25.

Lock-In Option - Variable Disclosures

Lock-in Option - Fixed

Repayment Terms APR
Terms 5, 10, 15, or 20 years 6.50%-10.00%

Rate includes .25% reduction for autopay. Lock-In fee $25.

Lock-in Option - Fixed Disclosures