Home Equity Line of Credit
Southland HELOC Prime
A Home Equity Line of Credit (HELOC) is a low-cost alternative to high-interest consumer loans and credit cards. You can borrow up to 90% of your home's appraised value* to do things you want to do such as home improvements, go on your long-overdue vacation—even pay off your credit card debt.
Since a HELOC is a revolving line of credit it allows you to access your funds when you need to. If you already have an existing HELOC with us, extending your current credit limit is easy, just apply for your new amount.
- Variable Rates as low as Prime +.25%2
- Flexible monthly payments
- No Fees
- No Points
- Cash advances available any time, up to your available credit limit
- Credit lines up to 90% of your home’s equity*
- Line amounts up to $500,000
- Convenient Access with HELOC Access Card
|Loan Type||Rate||Annual Fee1||Variable Index||Closing Cost2||Advance Policy||APR3||Maximum Loan Amount||Alert Me|
|HELOC||Prime + 0.250%||$50 / Waived||Prime||Waived||Up to 70.00% LTV||5.75%||$500,000|
|HELOC||Prime + 0.500%||$50 / Waived||Prime||Waived||70.01-80.00% LTV||6.00%||$500,000|
|HELOC||Prime + 1.000%||$50 / Waived||Prime||Waived||80.01-90.00% LTV||6.50%||$125,000*|
Limited Time Promotion: HELOC Intro Rate
Take advantage of our lowest home equity rates to make your project more affordable.
Advance more than $10,000 and receive an introductory rate of 2.99% APR* for the first 12-months!