Home Equity Rates
| Product / Terms | Max LTV | APR | Monthly Payments Per $1,000** | Effective As Of |
|---|---|---|---|---|
| Adjustable Rate Home Equity Line of Credit* | 80% | 7.500%* | $10.00 | January 1, 2025 |
| Fixed Rate Home Equity Line of Credit | 80% | 8.750% - 9.250% | $10.00 | January 1, 2025 |
| 5 Year Fixed Rate Equity Loan / Minimum $10,000 | 85% | 6.750% - 7.250% | $19.68 | January 1, 2025 |
| 7 Year Fixed Rate Equity Loan / Minimum $15,000 | 85% | 7.250% - 7.750% | $15.22 | January 1, 2025 |
| 10 Year Fixed Rate Equity Loan / Minimum $20,000 | 80% | 7.500% - 8.000% | $11.87 | January 1, 2025 |
| 15 Year Fixed Rate Equity Loan / Minimum $25,000 | 75% | 7.750% - 8.250% | $9.41 | January 1, 2025 |
Like our rates and want to meet with a loan officer? Call 770-448-8200 ext. 2241 with any questions.
* APR = Annual Percentage Rate. The annual percentage rate is based on the value of an index. The index is the “Prime Rate” published in the Money Rates section of the Wall Street Journal. The annual percentage rate may change on the first day of each calendar quarter. The annual percentage rate as of 10/01/2023 is 8.500%. The maximum annual percentage rate is 18.00% with a floor of 4.000%. Subject property must be the primary residence of the borrower and located within the states of Georgia, Florida, North Carolina, South Carolina, Alabama, and Tennessee. If your home is located in the state of Georgia, you will be required to pay an attorney fee which usually totals between $300.00 and $600.00 for title examination and closing and a recording fee which usually totals between $16.00 and $20.00. If your home is located outside of the state of Georgia, you will be required to pay attorney’s fees and recording fees and taxes which usually total between $400.00 and $800.00. If we deem an appraisal on your home is necessary, then, you must pay an appraisal fee that is usually between $100.00 and $500.00. There are no other fees or charges assessed to open your line of credit. There are no fees or charges assessed to maintain your line of credit. Subject property must have hazard insurance coverage and if applicable, flood insurance coverage. The minimum loan amount is $10,000 and the maximum loan amount is $150,000. Some restrictions may apply.
**Monthly Payments Per $1,000 example is based on the Platinum rate.
LTV = Loan-To-Value. Rate may vary with term. Loans up to 85% of appraised value, less first mortgage balance, for 5-year term. Loans up to 85% of appraised value, less first mortgage balance, for 7-year term. Loans up to 80% appraised value, less first mortgage balance, for 10 year term. Loans up to 75% appraised value, less first mortgage balance, for 15 year term. Fixed-Rate Home Equity Line of Credit up to 80% of appraised value, less first mortgage balance, for loans of $20,000 or greater, for 12-year terms. All rates and terms subject to change without notice. These offers may be withdrawn. Mortgages available in Alabama, Georgia, Florida, North Carolina, South Carolina, and Tennessee.
