Close in as few as 7 days and start spending in as little as 2 weeks.
$0 to open — no application, origination, or closing fees; draw any amount with no minimum requirement; 10‑year draw period
HELOC Rates as low as
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Loan Amount
$17,500 - $2,000,000
Max Loan to Value
85%
Min Credit Score
680
America’s #1 HELOC Lender^
Receive a personalized offer in 2-3 minutes and start funding your project in as little as 2 weeks.
3 easy steps from start to finish
Getting your personalized HELOC rate to having cash in hand is as easy as 1-2-3
1. Get your rate online
It only takes a few minutes to get an accurate personalized HELOC offer before you apply. No estimates — skip the calculator.
2. View and accept your rate
Review your personalized offer, which includes your rate and line amount. If it looks good to you, you're ready to apply for a HELOC.
3. Close and have money to spend
Be ready to close on your HELOC in as few as 7 days.
HELOC resources
Home Equity Line of Credit (HELOC) basics
Everything you need to know to fund your goals with a Home Equity Line of Credit, from how it works, when to use it and how to calculate your home equity.
Resources to help existing HELOC customers
Questions about your account? Where to make payments? How to get specialized help? Get the answers you need and make the most of your Home Equity Line of Credit.
Citizens GoalBuilder® HELOC
Unsure if you qualify for a traditional HELOC? We'd like to help you get cash for what you need today with our GoalBuilder HELOC†, so you can avoid more expensive borrowing options such as credit cards or personal loans. Explore this option.
© Citizens Financial Group, Inc. All rights reserved. Citizens Bank, N.A. Member FDIC
^ Inside Mortgage Finance, Home Equity Originations 1/1/2025 - 10/3/2025.
Legal Disclosure: Home Equity Lines of Credit are offered and originated by Citizens Bank, N.A. (NMLS ID# 433960) All loans are subject to approval.
Variable Annual Percentage Rate: Variable Annual Percentage Rate ("APR") based on The Wall Street Journal Prime Rate ( Prime ) published on the last business day of the month, (#Json=Label_Lookup|Brand=citizensbank|TargetElementType=span|TargetElementId=|Key=PRIME_RATE# APR as of #Json=Label_Lookup|Brand=citizensbank|TargetElementType=span|TargetElementId=|Key=PRIME_RATE_DATE#). Maximum APR 21%. Minimum APR 2.50%. Our best rate, including all rate discounts, cannot be lower than 2.50% APR.
Eligible properties include owner-occupied 1-to 4-family properties, condominiums and second/vacation homes. Ineligible properties include, but are not limited to: investment property (defined as non-owner-occupied property), a co-op, mobile home or manufactured housing. Property must be located in AL, AR, CT, DC, DE, FL, GA, IA, IL, IN, KY, MA, MD, ME, MI, MN, NC, NE, NH, NJ, NY, OH, OK, PA, RI, SC, SD, TN, VA or VT. Rate and terms are subject to change and credit approval. Home equity lines of credit are available in first or second lien positions. Not available for homes currently for sale. Homes previously listed for sale must be off the market for at least 90 days prior to application. Property insurance required. Flood insurance may be required. Citizens offers Home Equity Lines of Credit as low as $17,500, but terms may vary.
No annual fee for the first year, then $50 per year thereafter during the draw period. The Annual Fee is waived for the Citizens Home Equity Line of Credit if you have a Citizens Private Client™, Citizens Private Bank™ or Citizens Quest® Checking account open and active at the anniversary of your Credit Line when the Annual Fee would be assessed. If you do not meet this requirement, the Annual Fee of $50 will be charged to your Credit Line Account.
Best Rate Requirements: Obtaining the best rate requires, but is not limited to, meeting the following criteria: 1) A new home equity line of credit application, 2) A line amount of $200,000 or more, 3) Line must be in first lien position, 4) A loan-to-value (LTV) of 80% or less, 5) Strong creditworthiness, and 6) At the time of origination, having a Citizens consumer checking account set up with automatic payment deduction for monthly home equity line of credit payments.
State availability disclosure: Citizens provides HELOCs in the following states: AL, AR, CT, DC, DE, FL, GA, IA, IL, IN, KY, MA, MD, ME, MI, MN, NC, NE, NH, NJ, NY, OH, OK, PA, RI, SC, SD, TN, VA or VT.
Wireless: Wireless carrier, text, and/or data charges may apply.
Equal Housing Lender.