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The Magic Starts at Home

Take advantage of a Home Equity Line of Credit (HELOC) to finance your next dream Rates as low as 

Prime + 0.00% APR 1
(currently 8.50% APR)

Apply Now

Home is where your heart is.

It’s your foundation. It’s your launching pad. It’s where your laughter and love are captured. At HomeTrust, our business is helping homeowners, like you, make dreams a reality utilizing the hard-earned equity in your home. Let HomeTrust help you discover the best option for you.

Why choose a HELOC?

Take advantage of a flexible line of credit that’s available when you need it. Borrow only what you need from the available equity in your home.

Manage both planned and unplanned expenses with one simple solution.

  • Renovate or repair your home
  • Consolidate debt into one, easy monthly payment
  • Finance education or health expenses
  • Make a major purchase
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HomeTrust offers competitive home equity rates, plus:

  • Fast Closings
    Apply online with our state-of-the-art application system
  • No Closing Costs2
    Be confident your money is working for you with no closing costs and competitive rates
  • Interest-only payments for 10 years3
    Pay only the interest amount on the loan each month for the first 10 years

Ready for what’s next? This offer ends September 30, 2023. Don’t wait!

Apply Now
  1. To take advantage of this offer, apply online or call 800.627.1632.

    Offer ends September 30, 2023. All lines of credit are subject to credit approval. To obtain the published ANNUAL PERCENTAGE RATE (APR), you must open a new line of credit of at least $25,000. This is a 25 year Home Equity Line of Credit (HELOC) with a 10 year, interest only draw period followed by a 15 year, amortized repayment period. The APR on future balances will be a variable interest rate, based on Prime Rate plus a margin of 0.00%. The rate is subject to change daily and will equal the highest Prime Rate published in the “Money Rates” section of the Eastern Edition of The Wall Street Journal on the preceding business day. As of December 16, 2022, the Prime Rate was 8.50%. The maximum APR is 16.00% or the maximum permitted by law, whichever is less. There may be a floor rate associated with your HELOC. Please see disclosures provided at the time of application to determine if this applies.

    This offer applies to new HELOCs only and requires a credit score of 680 to qualify. A score of 740 is required to obtain the published rate. Higher rates may apply for credit scores equal to 680 and up to 740. Higher credit limits, up to a maximum of $1,000,000, may be available to those who meet our credit standards. The amount of your line of credit will depend on your creditworthiness, the property used as collateral, your annual income, your debt-to-income ratio, and the value of your collateral. The amount of credit extended cannot exceed 85% of your home’s value, and to obtain the published rate the amount cannot exceed 80%. Higher rates may apply for credit amounts above 80% and up to 85% of your home’s value.

    HELOCs are limited to 1st and 2nd lien financing on owner occupied primary residence, single family dwellings in the HomeTrust Bank market and are not valid for investment properties, manufactured homes, residential lots or homes listed for sale. The minimum credit limit is $13,000. Higher credit limits, up to a maximum of $1,000,000, may be available for those who meet our credit standards. Hazard insurance and flood insurance, if applicable, are required. To obtain this credit, you must apply by September 30, 2023 and close the home equity line of credit by December 30, 2023.

  2. No fees must be paid to the bank to open and maintain a line of credit. However, you may have to pay certain fees to third parties. If we cannot determine your home’s value by an automated valuation model, you may have to pay for the cost of an appraisal, normally no more than $450. If your property is in VA or TN, a recordation tax is payable to the Commonwealth. This tax varies based on location; however, it approximates $0.25 on every $100 borrowed. HomeTrust Bank will pay up to a maximum of $400 towards VA or TN recordation fees for qualified borrowers.

    If applicable, the total of all fees payable by you generally ranges between $450 and $3,500. If you terminate your line of credit within the first 36 months of account opening, you will have to reimburse HomeTrust Bank for any fees paid to third parties by HomeTrust Bank on your behalf at the time of account opening.

  3. Payment amount is interest-only during the 10-year draw period. After the draw period ends, you must repay any outstanding balance over a 15-year repayment period. During the repayment period, your minimum monthly payment of principal and interest (P&I) will be sufficient to amortize the outstanding principal balance over the term of the repayment period at the current rate of interest. This payment will change monthly as your balance, interest rate, and the remaining number of months in the repayment period change. You must pay the entire account balance owed under this agreement on or before the maturity date.

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