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Home Equity Options

Get the most out of your home.

When you need to borrow a set amount to cover a large expense or to consolidate debt, a home equity loan or line of credit offers low rates plus the possible advantage of tax-deductible interest.1

Home Equity Line of Credit (HELOC)

For more flexibility with accessing your funds, a HELOC comes in handy

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Home Equity Line of Credit

Home Equity Line of Credit

Use a home equity line of credit to help pay for home improvements, education costs, other major expenses or to consolidate debt. To estimate your rate and monthly payment, use our HELOC calculator.

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Line AmountAPR*Prime Related Rate
$17,500-$49,999 #ProductLine=Heloc|Brand=citizensbank|LineAmount=$17,500 - 49,999|ProductAttribute=Rates# Prime + #ProductLine=Heloc|Brand=citizensbank|LineAmount=$17,500 - 49,999|ProductAttribute=PrimeRate#
$50,000-$99,999 #ProductLine=Heloc|Brand=citizensbank|LineAmount=$50,000 - 99,999|ProductAttribute=Rates# Prime + #ProductLine=Heloc|Brand=citizensbank|LineAmount=$50,000 - 99,999|ProductAttribute=PrimeRate#
$100,000-$199,999 #ProductLine=Heloc|Brand=citizensbank|LineAmount=$100,000 - 199,999|ProductAttribute=Rates# Prime  #ProductLine=Heloc|Brand=citizensbank|LineAmount=$100,000 - 199,999|ProductAttribute=PrimeRate#
$200,000+ #ProductLine=Heloc|Brand=citizensbank|LineAmount=$200,000 - 399,999|ProductAttribute=Rates# Prime  #ProductLine=Heloc|Brand=citizensbank|LineAmount=$200,000 - 399,999|ProductAttribute=PrimeRate#

*Rates listed above include all discounts and are effective as of #Json=Label_Lookup|Brand=citizensbank|TargetElementType=span|TargetElementId=|Key=currentDate# and subject to change at any time. #Json=Label_Lookup|Brand=citizensbank|TargetElementType=span|TargetElementId=|Key=Region Label# Region. For important additional information including how to obtain these rates, see full disclosures below.

Home Equity Loan

Home Equity Loan Benefits

Our standard home equity loan offers a smart way to fund home improvements and other large expenses. Note, the rates and terms listed in the accompanying table are for loans in the second lien position, meaning you have an existing mortgage, loan, or line on your property and do not intend to pay it off with this new loan.

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10 Year Terms

Loan AmountTermAPR*
$10,000 - $49,999 10 Years #ProductLine=HomeLoans|Brand=citizensbank|ProductName=Home Loan|LiensType=Second Liens|Term=10 Year|Loan Amount=$10,000 - 49,999|ProductAttribute=Rates#
$50,000 - $99,999 10 Years #ProductLine=HomeLoans|Brand=citizensbank|ProductName=Home Loan|LiensType=Second Liens|Term=10 Year|Loan Amount=$50,000 - 99,999|ProductAttribute=Rates#
$100,000 - $399,999 10 Years #ProductLine=HomeLoans|Brand=citizensbank|ProductName=Home Loan|LiensType=Second Liens|Term=10 Year|Loan Amount=$100,000 - 399,999|ProductAttribute=Rates#
$400,000+ 10 Years #ProductLine=HomeLoans|Brand=citizensbank|ProductName=Home Loan|LiensType=Second Liens|Term=10 Year|Loan Amount=$400,000 + |ProductAttribute=Rates#

15 Year Terms

Loan AmountTermAPR*
$10,000 - $49,999 15 Years #ProductLine=HomeLoans|Brand=citizensbank|ProductName=Home Loan|LiensType=Second Liens|Term=15 Year|Loan Amount=$10,000 - 49,999|ProductAttribute=Rates#
$50,000 - $99,999 15 Years #ProductLine=HomeLoans|Brand=citizensbank|ProductName=Home Loan|LiensType=Second Liens|Term=15 Year|Loan Amount=$50,000 - 99,999|ProductAttribute=Rates#
$100,000 - $399,999 15 Years #ProductLine=HomeLoans|Brand=citizensbank|ProductName=Home Loan|LiensType=Second Liens|Term=15 Year|Loan Amount=$100,000 - 399,999|ProductAttribute=Rates#
$400,000+ 15 Years #ProductLine=HomeLoans|Brand=citizensbank|ProductName=Home Loan|LiensType=Second Liens|Term=15 Year|Loan Amount=$400,000 + |ProductAttribute=Rates#

20 Year Terms

Loan AmountTermAPR*
$10,000 - $49,999 20 Years #ProductLine=HomeLoans|Brand=citizensbank|ProductName=Home Loan|LiensType=Second Liens|Term=20 Year|Loan Amount=$10,000 - 49,999|ProductAttribute=Rates#
$50,000 - $99,999 20 Years #ProductLine=HomeLoans|Brand=citizensbank|ProductName=Home Loan|LiensType=Second Liens|Term=20 Year|Loan Amount=$50,000 - 99,999|ProductAttribute=Rates#
$100,000 - $399,999 20 Years #ProductLine=HomeLoans|Brand=citizensbank|ProductName=Home Loan|LiensType=Second Liens|Term=20 Year|Loan Amount=$100,000 - 399,999|ProductAttribute=Rates#
$400,000+ 20 Years #ProductLine=HomeLoans|Brand=citizensbank|ProductName=Home Loan|LiensType=Second Liens|Term=20 Year|Loan Amount=$400,000 + |ProductAttribute=Rates#

*Rates listed above include all discounts and are effective as of  #Json=Label_Lookup|Brand=citizensbank|TargetElementType=span|TargetElementId=|Key=currentDate# and subject to change at any time. #Json=Label_Lookup|Brand=citizensbank|TargetElementType=span|TargetElementId=|Key=Region Label# Region. For important additional information including how to obtain these rates, see full disclosures below.

10-Year First Lien Position Home Equity Loan

10-Year First Lien Position Home Equity Loan

You may qualify for an even lower home equity rate with a First Lien Position Home Equity Loan. This product is for borrowers with no other mortgages or liens on the property, or who intend to pay off an existing first mortgage with a new home equity loan. Your actual rate, payment, and costs could be higher. Get an official Loan Estimate before choosing a loan.
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APR*DETAILS
#Json=Label_Lookup|Brand=citizensbank|TargetElementType=span|TargetElementId=|Key=HLS_FIRST_LIEN_APR_OTHER#
  • No closing costs
  • Close in about 30 to 45 days
  • Interest may be tax deductible; consult your tax advisor1
  • Minimum loan amount of $50,000
  • Save 0.25 percentage points off your home equity interest rate with a Citizens Bank checking account2
  • Maximum loan-to-value (LTV) of 80%

*Rates listed above include all discounts and are effective as of  #Json=Label_Lookup|Brand=citizensbank|TargetElementType=span|TargetElementId=|Key=currentDate# and subject to change at any time. #Json=Label_Lookup|Brand=citizensbank|TargetElementType=span|TargetElementId=|Key=Region Label# Region. For important additional information including how to obtain these rates, see full disclosures below.

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