OneStop HELOC

The only HELOC you'll ever need.

To apply today, please contact our Lending Team at 847-524-4000.

Heritage 10/20 OneStop HELOC

10-year draw period followed by 20-year repayment period

3.50% APR for the first 12 months; then Prime Rate as published in the Wall Street Journal +0.250% (currently 4.50%), subject to increase.  However, your interest rate will never be less than the initial Prime Rate as published in the Wall Street Journal +0.25% or greater than 21.00%

Secured by first or second mortgage.

Borrow up to 75.00% of appraised value for detached single family residence or borrow up to 70.00% of appraised value for condo & townhouse residence

No application fee or closing costs

$50.00 annual fee waived during the first year

Additional Terms and Conditions: Offer valid for new HELOC accounts or existing HBS HELOC customers whose current home equity account matures within 12 months. Offer applies to owner-occupied dwellings only and is subject to credit approval.  Minimum loan amount of $10,000; Maximum loan amount of $500,000.  This account has a draw period of 10 years, after which any outstanding balance will be automatically converted to a 20-year fully amortized repayment period.  Home ownership insurance is required.  Early closure fee of $500.00 if loan is paid off within the first 24 months.  Consult a tax advisor for information regarding the deductibility of interest and charges.  Offer may change or be withdrawn at any time.


Platinum 1st OneStop HELOC

10-year draw period followed by 20-year repayment period

3.25% APR for the first 12 months, then Prime Rate as published in the Wall Street Journal (currently 4.25%), subject to increase.  However, your interest rate will never be less than the initial Prime Rate as published in the Wall Street Journal or greater than 21.00%

Secured by first mortgage with no subordinate financing

Borrow up to 75.00% of appraised value for detached single family residence or borrow up to 70.00% of appraised value for condo & townhouse residence

$50.00 annual fee waived during the first year

Additional Terms and Conditions: Offer valid for new HELOC accounts or existing HBS HELOC customers whose current home equity account matures within 12 months.  Offer applies to owner-occupied dwellings only and is subject to credit approval.  Minimum loan amounts of $25,000; Maximum loan amount of $500,000.  This account has a draw period of 10 years, after which any outstanding balance will be automatically converted to a 20-year full amortized repayment period.  Home ownership insurance is required.  Early closure fee of $500.00 if loan is paid off within the first 24 months.  Consult a tax advisor for information regarding the deductibility of interest and charges.  Offer may change or be withdrawn at any time.