Personal
Loans & Credit Lines



Related Links
Account Access
Achieve Your Goals
Home Mortgage
Credit Cards
Student Loans



Products & Services > Loans & Credit Lines > Home Equity Lines and Loans  

Home Equity Lines and Loans

U.S. Bank offers Home Equity Lines of Credit (HELOC) and Loans. Competitive interest rates, no closing costs, low monthly payments and tax deductibility make our Home Equity products the smart choice for financing:

  • Home improvements
  • Debt consolidation
  • Vehicle purchases
  • Education expenses
  • Unexpected expenses
Apply online for the Home Equity product that suits your needs and close at the branch of your choice.

Home Equity Line of Credit

Enjoy great rates and a variety of flexible payment options with a U.S. Bank Home Equity Line of Credit.
  • Rates as low as 3.99% APR1
  • Combines the flexibility of a line of credit with various monthly payment options. And with our Fixed Rate Option get a fixed interest rate and monthly payment on all or a part of your balance.
  • Provides the ability to lock in a fixed rate 1 on all of or any part of your variable balance at any time
  • Offers flexible payment options, including interest-only
    Apply Now for Home Equity Line of Credit

Home Equity Installment Loan

Relax knowing you have the security of a fixed rate U.S. Bank Home Equity Loan offering fixed monthly payments.
  • Provides second lien financing with the security of a fixed rate and fixed monthly payments
  • Offers terms up to 30 years2
  • Disperses your funds to you at closing
    Apply Now for Home Equity Installment Loan

Home Equity - Smart Refinance

With a U.S. Bank Smart Refinance loan you can refinance your existing mortgage without the extra expenses incurred with standard mortgage products. Apply for this valuable new option today, and enjoy:
  • Fixed interest rates with flexible terms up to 30 years2
  • Less paperwork, along with faster decision turn-around time
  • No points, fees, origination or closing costs
  • A convenient, streamlined process
  • Loan closings at any U.S. Bank branch
  • Learn more about Smart Refinance
    Apply Now for Home Equity Smart Refinance Loan

Additional Resources for Home Equity Loans & Lines
Line vs. Loan Comparison Chart
Home Equity FAQs
Home Equity - Smart Refinance FAQs
Payment Protection

Home Equity Loans & Lines Application Information
About the Application and Closing Process
View Application Status

Home Equity Calculators
How much equity do I have available?
Should I consolidate my debt with a home equity loan?
What is the tax benefit of my home equity loan?
Should I use a home equity or auto loan to purchase a vehicle?

U.S. Bank Packages
Sign up for a package and receive preferred rates on new loans and Home Equity Lines of Credit. Plus, get other valuable benefits on our products and services. Learn more about U.S. Bank Packages.

  1. The Annual Percentage Rate (APR) will vary at Prime Rate as published in the Wall Street Journal. As of June 30, 2010, the variable rate for lines of credit is Prime + 0.74% to Prime + 5.74% (3.99% APR to 8.99% APR). In parts of Arizona, California and Nevada the variable rate for lines of credit is Prime +1.00 - Prime +6.00% (4.25% APR to 9.25%). Rates vary by loan to value and credit limit. All rates assume customer has a U.S. Bank package with a U.S. Bank Checking Account. The rate will not exceed 25% APR. The floor rate is 3.25% APR. An annual fee of up to $90 may apply after the first year and can be waived with a U.S. Bank Platinum Package. The first Fixed Rate Option is free; each additional one is $50. Offer is subject to normal credit approval. Property insurance is required. Interest on amounts exceeding 100% of the available equity is not tax deductible. Consult your tax advisor regarding the deductibility of interest. Rates are subject to change. Some restrictions may apply. Home Equity loans and lines of credit are offered through U.S. Bank National Association ND. Member FDIC.
     
    Back to Text
  2. Installment loan payment example: On a $30,000 20-year loan (240 payments) at 7.99% APR, monthly payments would be $250.75 if the Loan-to-Value ratio is less than or equal to 80%. Higher rates apply for higher Loan-to-Value. Offer is subject to higher credit qualifications. Property insurance is required. Some additional restrictions apply.
     
    Back to Text
Personal
Account Login

U.S. Bank Internet Banking
Online Investing

Enroll Today
View All Logins




Contact Us

View Rates & Payments


?
?




Equal Housing Lender