Meet our Home Equity Heroes

Meet our Home Equity Heroes who used the equity in their homes to renovate rooms, take trips and even cover rainy day costs. Discover all the ways you can use the equity in your home to pay for large or unexpected expenses. With low rates that keep payments down, Premier Bank makes it affordable to borrow within your budget – so you can be a Home Equity Hero, too.

Home Equity Loan rates as low as 2.99% / 3.12% APR*
Use a low-rate Home Equity Loan to pay off a higher rate mortgage with lower fees than refinancing, or tackle home projects, cover tuition, plan a trip and more. A home equity loan allows you to take out a lump sum of money, similar to a personal loan.  

 

HELOC rates as low as: 2.99% APR**
Spending more time at home than ever, use your equity to create the perfect space. Competitive fixed rates help keep monthly payments down and your budget on track, while low closing costs make borrowing more affordable.

 

Kitchen Khloe

Kitchen Khloe used the equity in her home to turn her kitchen into a culinary playground. Her improvements paid for themselves and increased the value of her home.

Road Trip Ryan

Road Trip Ryan used the equity in his home to explore the great outdoors. City by city, he used his line of credit as needed. 

 

Bathroom Bella

Bathroom Bella used the equity in her home to turn her bathroom into a beauty spa.

 

Vacation Victor

Vacation Victor used the equity in his home to take the trip of a lifetime.

 

Backyard Ben

Backyard Ben used the equity in his home to become the ultimate grill master.

 

Laundry Lauren

Laundry Lauren used the equity in her home to turn her laundry room into a launch pad. 

 

DIY Dan

DIY Dan used the equity in his home to turn dreams into reality.

Pool Time Paula

Pool Time Paula used the equity in her home to create a permanent staycation destination.

 

Rainy Day Don

Rainy Day Don used the equity in his home to pay for unexpected expenses.

 

DIY Dan

Healthy Henry used the equity in his home to pay for medical expenses to keep his family happy, healthy and strong. 

DIY Dan

Back to School Sam used the equity in her home toward college costs and her daughter's future.

DIY Dan

Low Payments Patti used the equity in her home to reduce monthly payments with a low rate and simplify the debt reduction process. 

How to Use Your Home Equity 

Benefits

How to Use Home Equity to Finance Life Events

Find out how you can use the equity in your home to finance life events, from home improvements and higher education to debt consolidation.

The Difference Between Home Equity Loans & Lines of Credit – And How to Choose

Discover the difference between different types of home equity loans and determine which one is best for you.

Run the Numbers

Evaluate payment options so you can be comfortable with what you’ll owe monthly with this helpful calculator


Ready to Become a Home Equity Hero? 
 

 

Apply Now

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Disclosures

**APR = Annual Percentage Rate. APR effective March 1, 2021, and may change based on market conditions and borrower eligibility. The APR will be a variable rate based on Wall Street Journal Prime Rate minus .26 (3.25% - .26% = 2.99%, current as of March 1, 2021) with a minimum APR of 2.99% and a maximum APR of 21.00%. APR may adjust monthly based on the Prime Rate as published in The Wall Street Journal. Minimum FICO score of 700 to qualify. Your rate may also be different depending on credit history, lien position and LTV ratio. Offer not valid for refinancing existing Premier Bank loans. Offer is based upon loans from $25,000 up to $300,000, a loan to value less than 85% on a first lien, owner-occupied primary residence and cannot be a purchase money mortgage. In order to receive the offered rate, a minimum draw of $10,000 is required at funding. An Annual Fee of $50 is waived for the first year. Taxes and property insurance are always required and flood insurance is required where necessary. There is a Draw Period for 10 years after the account is opened during which advances and purchases may be made, and during which reductions to principal are not required (unless credit limit has been exceeded), followed by a 10 year Repayment Period during which the minimum monthly payments amortize the outstanding balance on the line at the end of the Draw Period. Prepayment penalty fee is 2% of outstanding balance or $300, whichever is less. Other rates and terms are available. Subject to credit approval. Interest rates and terms are subject to change without notice. Consult a tax advisor regarding the deductibility of interest. Offer expires July 31, 2021. NMLS #424191. Member FDIC