Quick Approval
Your borrowing is based on your equity in your home, which serves as collateral. That makes the application process quick and painless.
Spending Power
You can use the money you withdraw from your HELOC for any financial need. It’s the money you need to make your dreams into realities.
Low Introductory Rates
Enjoy a low 1.99% introductory rate for the first 6 months after approval, and rates as low as 6% after that.
Pay Only for What You Borrow
HELOCs offer flexible borrowing because you borrow what you need and pay only for what you borrow.
The Best Room in the House Is Not a Room at All
A PrimeWay home equity line of credit (HELOC) allows you to take advantage of the value you’ve added to your home to secure the line of credit.
Build the space of your dreams, or you can use a line of credit based on the equity of your home for any financial need, including:
Pay off high-interest credit card debt
Eliminate high-interest rate debt and consolidate your payments into one low monthly cost.
Pay for a child’s college education
You've spent years investing in your home – now invest that equity into your child's future.
1.99% APR* Intro Rate for Six Months | Thereafter, Rates As Low As 4.00% APR
Promo Code
*APR = Annual Percentage Rate. 1.99% APR is an introductory rate for the first six months of the loan. After the Introductory Period, the rate is variable and based on the value of an index, as low as Prime + 0.50%, currently 3.25% APR. The index is the Wall Street Journal’s Prime Rate. The rate will never go below 4.00% APR or above 18.00% APR. There is a 5-year draw period with interest-only payments. 15-year repayment period with substantially equal monthly payments. Minimum credit advance amount is $4,000. There is a $500 Application Fee and up to $740 in closing costs.
Other terms, fees, and restrictions may apply. Maximum 80% CLTV. Certain credit criteria and restrictions apply. Rates and terms are based on a combination of your earned credit score, the term you select, collateral, down payments, loan-to-value (LTV) position and other normal lending criteria. Acceptable property hazard insurance is required, as well as Flood Insurance if the property is in a designated flood zone. You should consult your tax advisor regarding your possible tax implications. Rates are subject to change.
You may request a rate lock one time, which sets a fixed interest rate on your selected balance for a set repayment term. The lock rate is the currently available variable rate plus 0.50%, currently as low as 4.00% APR.
How to Get Our Home Equity Line of Credit
Step 1
Start the online application by clicking the button below.
Step 2
We'll be in touch to let you know if you're application is pre-approved.
Step 3
We'll be there the entire process – walking you through the steps to using your home's equity.
Learn Why Our Members Love PrimeWay
Education
"I never feel like a customer, more like family. Over my years of membership, the bankers have taken the time to educate me about my money – they have made the process easy."
Trusted
"My parents have been members for years. My family trusts PrimeWay."
Easy Process
"PrimeWay helped with my daughter's college tuition. The process was easy."
Rock Solid
"I've been a member since 1968. My relationship with PrimeWay has been rock solid."
Great Rates
"Originally I joined PrimeWay because of a great rate on a personal loan. I've remained a member ever since."
Community
"We live in this community and the new branch location is perfect and the promotional CD rate is even better."
