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
5.50% APR for the first 6 months; then Prime Rate as published in the Wall Street Journal +0.250% (currently 8.50% + 0.25% or 8.75%), subject to increase. However, your interest rate will never be less than 5.50% 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 $750.00 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 Offer may change or be withdrawn at any time.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
5.25% APR for the first 6 months, then Prime Rate as published in the Wall Street Journal (currently 8.50%), subject to increase. However, your interest rate will never be less than 5.25% 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 $750.00 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.
