Home Equity Lines of Credit

You've put a lot of time and effort into your home. It's time to be paid back in kind. A home equity line of credit gives you the money you need for all types of uses, from home improvements to college expenses and more, based on the value of your property. Your home offers a lending hand with a United Community Bank Home Equity Line of Credit (HELOC).

Get Started
couple remodeling a home
  • 2.25% APR introductory rate for the first 6 months; as low as 4.75% thereafter1
  • Borrow against the value of your home to get more financial flexibility 
  • No or low bank closing costs1
  • No annual fees when you maintain a United Community Bank checking account and debit card1
  • Finance up to 80% loan-to-value with a 10-year draw period and 15-year repayment period
  • Easy access to your money through checks

1Eligibility for introductory rate and reduced closing costs require a United Community Bank checking account and debit card. If checking account and debit card are not maintained in an active status throughout the term of the loan, a $100 annual fee will be assessed. Borrower will pay loan fees and closing costs ranging from $0 to $2,500. Bank may choose to waive a portion of the closing costs; however, if the HELOC is closed or the line is reduced during the first three years following account opening, borrower will be required to reimburse bank for all waived closing costs. Borrower pays all costs pertaining to recording fees and mortgage taxes. The Annual Percentage Rate, referred to as APR, is variable and may change daily after the initial 6-month introductory period, but will never exceed 16%. The post-introductory APR is based on an index (WSJ Prime Rate) plus a margin.  The margin for each loan is determined by credit qualifications, lien position, owner occupancy, loan-to-value (LTV) ratio and other loan features. The 4.75% APR represents borrowers with a minimum 750 credit score, owner occupied first or second lien primary residence, and maximum 70% LTV. Offer available only for consumer owner-occupied, single-family residences and is not available on manufactured homes or leasehold properties. Bank must be in a valid first- or second-lien position. Property insurance and flood insurance, if applicable, are required on all collateral. The HELOC has a 10-year draw period and 15-year repayment period. Exclusions and limitations apply. Offer subject to bank’s standard credit approval criteria and is subject to change without notice. Stated APRs are accurate as of July 23, 2018; ask us about current rates.

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