Resource Center

Product Image
Text Size Small TextMedium TextBig Text

Home Equity Line of Credit

Citizens Bank's Home Equity Line of credit is a revolving, variable rate line of credit based on the available equity in your home. Because it is a line of credit you can get the money you need when you want it.

Home equity lines of credit are ideal for:

  • Home improvements.
  • Educational and medical expenses.
  • Life events such as a new baby or wedding.
  • Small business expenses.

Interest Rates: Interest rates are tied to the prime rate. You only pay interest on the portion of the line you use. Interest may be tax deductible.

Apply Here >>

Home Equity Line of Credit Sale Disclaimers

*APR – Annual Percentage Rate. 

*1.99% Introductory Rate will revert to the Prime Lending Rate on 03/31/2015. Up to 85% LTV to qualify. Home Equity Line of Credit rates are variable and subject to fluctuations based on the Wall Street Journal Prime Rate. The Wall Street Journal Prime rate is 3.25% APR* as of 03/13/2014 and will be subject to change quarterly after 03/31/2015. Maximum APR not to exceed 19%. This offer and the disclosed rates are valid for applications received by 04/30/2014. Offer is subject to normal credit qualifications and program guidelines. Property insurance required. Citizens Bank checking account required. Your loan amount will be determined by your home value, available equity and credit history. Apply with our Online Mortgage by clicking here. Limited time offer.  

*Closing Costs: No closing costs simply means the customer is not charged for any of the “closing costs” of the mortgage.  Closing cost may include items such as credit report fees, appraisal fees, mortgage preparation fees, title opinion fees and other expenses that are non-recurring (one-time) charges at the beginning of the loan process. If you close your Citizens Bank Home Equity Line of Credit within 36 months from the date of origination, you may be required to remit the closing costs Citizens Bank paid on your behalf.

If you need more information call us at 270-465-8193.