A newer version of your browser is available. Older versions may limit your ability to access some of this site's functionality. Citizens Bank recommends upgrading your browser.
Make your home work for you.
From home renovations and unexpected expenses to consolidating debt, your home’s equity can work harder for you.What do I need to apply?
New home equity line of credit customers can take an additional 0.25% off their rate extended through June 30, 2018.* Use a HELOC to help pay for home improvements, education costs, or other major expenses. You can also use a HELOC for cash management or to consolidate debt.
Home Equity Line of Credit Adjustable Rate Chart
Eligible applicants may qualify for our best home equity rates and terms at the loan amounts listed below.
New HELOC customers can take an additional 0.25% off their rate*
APR – Annual Percentage Rate is the cost of borrowing, it refers to the yearly interest rate you’ll pay. The APR combines the interest rate and any other fees associated with the loan to show the true cost of borrowing over time.
|Prime Related Rate
Prime Related Rate - It’s a benchmark set and used by financial institutions to determine how much interest to charge. Want to Learn More?
|$17,500-$49,999||View Rates >||View Rates >|
|$50,000-$99,999||View Rates >||View Rates >|
|$100,000-$199,999||View Rates >||View Rates >|
|$200,000+||View Rates >||View Rates >|
†† Rates listed above include the 0.25% discount for automatic payment from a Citizens checking account but do not include the 0.25% Rate Reduction for new HELOC customers. Rates are effective as of #Json=Label_Lookup|Brand=citizensbank|TargetElementType=span|TargetElementId=|Key=currentDate# and are subject to change at any time. For important additional information including how to obtain these rates, see full disclosures below.**
Hurry for a limited time new HELOC customers can receive an additional 0.25 percentage point discount!
A HELOC functions similarly to a credit card, use what you need, when you need it. You can use your funds and pay them back as many times as you want during the borrowing period.
Already a Citizens Bank customer? Use your checking account set up with automatic monthly payments to receive a 0.25 percentage point discounted rate.1Not yet a customer? Learn More
No application or set up fees.
No closing costs.
No appraisal fee.
$50 annual fee after the first year.
$350 pre-payment penalty if closed within the first 36 months.
Accessing your funds is easy with Citizens Online banking. You can also use your HELOC supplied checks. Although timing varies, typically it takes about 45 days from application to get your funds.
Repay on your terms, with interest-only payments during the borrowing period. You can pay both interest and principal if you choose. At the end of the borrowing period, once you enter into the repayment period, you will be required to make monthly payments including interest.
Saving for something big? CDs offer guaranteed fixed-rate returns to help get you there.
Boost your savings.#Json=Label_Lookup|Brand=citizensbank|ApplyToParentElement=|TargetElementType=span|TargetElementId=|Key=Learn more about#GET THE DETAILS
The zip code you entered is served by Citizens One, the brand name for Citizens Bank's lending business outside of our 11‑state branch footprint. Under the Citizens One brand we offer Auto Loans, Credit Cards, Mortgages, Personal Loans and Student Loans. To learn more, please visit: