Variable Rate Home Equity Lines of Credit
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12 month promotional rate = 1.99% APR* (limited time offer)
Interest Rates are effective as of October 13, 2021.
Check out our full line of Variable Rate Home Equity Lines of Credit, including our Better Equity Select, a Variable Rate Home Equity with a Fixed Rate Payment option. Equity Select Annual Percentage Rates (APR).
Variable Rate Option:
|Line||APR*||Current APR||Auto-Deduct Discount**||Current APR with Discount|
|$10,000 – $24,999||Prime + 3.75%||7.00%||0.25%||6.75%|
|$25,000 – $49,999||Prime + 1.75%||5.00%||0.25%||4.75%|
|$50,000 – $99,999||Prime + 1.00%||4.25%||0.25%||4.00%|
|$100,000 – $400,000||Prime + 0.50%||3.75%||0.25%||3.50%|
**Have your payment auto deducted from an Evans Bank Account and your Rate will be reduced by 0.25%. Discount for auto deduction is not applied to 1.99% introductory rate. Fixed rate options available but not subject to discount for auto deduction. For either option, your loan is secured by a mortgage on your home and homeowner’s insurance is required. Introductory rate is available for applications received through 12/31/21.
Fixed Rate Option:
Lock in the security of up to four fixed-rate loans at any one time at the following APRs and Terms: