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Home Equity Line of Credit
From a partner you can trust
Effective 6/13/22 check writing is discontinued on all Home Equity Lines of Credit. Learn moreabout the discontinuance of check writing on all Home Equity Lines of Credit
6.74% APR*
Available for the first 12 months
- NO closing costs
- AutoPay from a HarborOne checking account is required
Use our Home Equity Line of Credit to:
- Pay off credit cards
- Make home improvements
- Reduce monthly payments
- Set up an emergency fund
We're here to help you every step of the way!
Download our Home Equity Checklist and view our HELOC Terms for everything you'll need before you get started.
Rates with AutoPay from a HarborOne Checking Account (required) after first 12 months
| Line Amount | Rate | Annual Percentage Rate (APR)** |
|---|---|---|
| $30,000.00 - $49,999.99 | Prime Rate +0.74 | 8.49% |
| $50,000.00 - $99,999.99 | Prime Rate +0.49 | 8.24% |
| $100,000.00 - $249,999.99 | Prime Rate +0.00 | 7.75% |
| $250,000.00 - $750,000.00 | Prime Rate -0.25 | 7.50% |
Looking to lock in a fixed rate for
your outstanding HELOC?
Consider a Home Equity Fixed Rate Loan Conversion for a portion
or all of your HELOC balance.
*Home Equity Line of Credit Rates. The APR is the Annual Percentage Rate, and the Index is the Prime Rate. The introductory APR will be fixed at 6.74% for the first 12 months and a minimum $10,000 draw is required at time of funding. A minimum balance of $10,000 must be maintained during the promotional period to continue to receive the discounted rate. Thereafter (see rate table above for rates), the Index is variable and based on the Prime Rate (Prime) as published in the Wall Street Journal (7.75% as of 11/7/24). No additional rate reduction is included during the period of the promotional discount. Home Equity Line of Credit Rates shown above requires monthly automatic repayment from a HarborOne checking account. Termination of automatic repayment option will result in an undiscounted rate. Other HELOC programs offered by HarborOne do not include an automatic repayment feature. APR is subject to change and may increase after consummation. The corresponding APR will never be less than 3.99% or more than 18.00% per annum on our featured Home Equity Line of Credit Rate. Subject to credit approval. No points. Promotional rate applies to new credit lines only. Other HELOC programs for current HarborOne HELOC customers available. Visit your local branch or call 1-800-244-7592 for additional information.
Advertised rates are available for lines of credit between $30,000 and $750,000 on 1 to 4 family, owner occupied homes located in (ME, NH, VT, MA, RI and CT) with a combined loan to value ratio (CLTV) of 80% or less as determined by the property type, an appraisal acceptable to the lender and acceptable FICO score of applicants. No closing costs except for properties held in a Real Estate Trust or a Life Estate. A non-refundable attorney Real Estate Trust review fee of $150 ($125 fee in Rhode Island); For Life Estate reviews, the bank will assess a non-refundable $150 fee ($175 fee in Rhode Island). Flood insurance is required if applicable. Deductibility of interest is not guaranteed, consult your tax advisor. If you pay off the entire balance and close your line of credit account within 36 months of consummation, there will be a $575.00 Early Termination Fee. Annual fee of $75.00 (waived the first year). Other terms and restrictions may apply. Offer subject to change without notice.
**APR is based on the current Prime Rate (7.75% as of 11/7/24) plus or minus the margin indicated in the rate table above. Rates are variable and subject to change.
