Renovate on your timeline
With a HELOC, you can access funds as your renovation progresses, helping you stay in control of your budget while paying interest only on what you use.
1. Apply & Get Approved
Apply online in minutes with a few details about your home and finances to see what you qualify for.
2. Use Your Line as Projects Progress
Draw funds as needed for materials, labor, or unexpected costs and only pay interest on what you use.
3. Repay on Your Schedule
Flexible repayment options means choosing interest-only payments during the draw period or deciding to pay back both principal and interest.
Why many homeowners choose Citizens for their HELOC
Ready to refinance your renovation?
Leverage the equity you've built to upgrade, redesign, or transform your home your way.
© Citizens Financial Group, Inc. All rights reserved. Citizens Bank, N.A. Member FDIC
† For additional information, please click the † symbols throughout this page to view our home equity line of credit disclosures.
^Inside Mortgage Finance, Home Equity Originations 1/1/2025 - 10/3/2025.
*IMPORTANT INFORMATION
Citizens HELOC 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.
Automatic payment discount disclosure: Having a Citizens consumer checking account, set up with automatic monthly payment deduction, is required at the time of loan origination to be eligible for the 0.25% rate discount.
Wireless disclosure: Wireless carrier, text, and/or data charges may apply.
Equal Housing Lender.