Personal Banking

Home Equity Line Of Credit

Hot HELOC Rates
In Season Now!

16 Month Intro Rate

1.99%
APR*

Variable Thereafter

4.75%
APR*

No application fee or closing costs! Ϯ

To take advantage of this special rate, you need to open or have an existing and active Savers Bank checking account set up with auto-pay for the monthly loan payment. We offer a variety of checking accounts to fit your lifestyle. Find the best checking account for you


You could win a Big Green Egg!

Open a HELOC and you will be entered for a chance to win a Big Green Egg grill-smoker-BBQ-brick oven combo**


Official Rules & Entry Form (PDF)

Visit our mortgage center to apply for a Home Equity Line of Credit.


*Home Equity Line of Credit (HELOC), APR = Annual Percentage Rate. Special discounted rate available for New HELOC customers only and requires a Savers Bank checking account set up with autopay for the monthly loan payment. Special discounted rate for this HELOC is currently 1.99% APR for 16 months, then a variable rate of Prime + 0.00% for the life of the line, subject to minimum interest rate of 4.75% and maximum interest rate of 18.00%. The variable rate may change at any time and adjustments are made monthly on the 1st calendar day of each calendar month. The index is the Prime Rate as published in the Wall Street Journal in the Money Rate Section on the last business day of each month. Prime index is currently 4.75 as of June 16, 2022. During the Draw Period payments are interest only based on average daily balance and interest rate. During the Repayment Period Payments are Fixed Principal amount plus interest due with a $50 minimum payment. Term 20 years (10 year Draw/10 Year Repayment). A balance remaining at the end of the draw period will automatically be set up on a 10 year repayment plan. Minimum Loan Amount $25,000/Maximum Loan Amount $500,000. Owner occupied residential properties only. Borrow up to 70% Combined Loan To Value (CLTV) based on tax assessed value or 80% CLTV with full appraisal. Loan amounts greater than $249,999 require a full appraisal. Appraisal costs are paid by borrower and can range from $450-$650. †No application or closing fees. Payments do not include taxes or insurance premiums. Homeowners insurance and flood insurance where necessary, on the property securing the line is required. Early termination fee of $500 applies if you payoff and close out the line of credit within three (3) years of the date you signed the note and mortgage. Rates are effective as of May 2,2022 and are subject to change at any time without notice of this promotion. ** Apply for a Home Equity Line of Credit and be automatically entered into the sweepstakes. No purchase is necessary to enter and entry forms are available for non-home equity applicants at any one of our Savers Bank 6 branch locations. Employees, management and directors of Savers Bank, as well as their immediate family members, are not eligible to enter the drawing or win the prizes. Winner must be at least 18 years of age. Contest begins May 2, 2022 and ends June 30, 2022. Raffle prize awarded will be one Big Green Egg Barbeque grill valued up to $2,000. Winner will be a picked from a computer-generated list of all Home Equity Line of Credit applicants and non-home equity line of credit entries received by June 30, 2022. Winner will be notified by July 18, 2022.