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Home Equity Line of Credit (HELOC)

Whether you're thinking of making home improvements or just need to borrow money quickly to cover the costs of a bill, talk to us about how we can use your home’s equity to cover the expenses with a Home Equity Line of Credit (or "HELOC"). Rather than using a high-interest retail or bank credit card, you can use our home equity loan solutions for planning a wedding, paying school tuition or a medical bill, or even just consolidating your debt.

How much money could you save? Let's look at an example:

Payment Type Cost APR1 Term Monthly Payment Total Interest Paid
Retail Credit Card $8,000 23.38% 60 $227.27 $5,636.62
3Rivers HELOC $8,000 3.50%* 60 $145.53 $732.06

By using your 3Rivers HELOC, you’d save $4,905 in interest AND enjoy a lower monthly payment.

See below for our home equity rates.

Don't forget to protect your home investment. Our life and disability products can provide your family with peace of mind knowing your mortgage is covered if something happens to you.

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Rates & Terms

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  • Second Mortgages
  • 1-01-2017

Second Mortgages

Loan Amount



Home Equity LOC

$10,000 - $100,000

180 month term loan. Payment 1.5% of outstanding balance, but not less than $50. $149 fee for Home Equity LOC - fee reduced to $99 if current 1st mortgage with 3Rivers.


Interest Only Home Equity LOC

$10,000 - $250,000

120 month term loan. Monthly payment will be all accrued yet unpaid Finance Charges due. $149 fee for Interest Only Home Equity LOC - fee reduced to $99 if current 1st Mortgage is with 3Rivers


Closed End Second Mortgage

$10,000 - $100,000

Up to 120 months as low as...


Closed End Second Mortgage

$35,000 - $100,000

121 to 180 months as low as...


1APR=Annual Percentage Rate. All rates advertised are based upon borrowers qualifications. Rates for Home Equity LOC and Interest Only Home Equity LOC are based on prime (index), as published in the Wall Street Journal on the last day of the month, plus a margin.  Index plus margin equals the Interest Rate.  Current prime is 3.50%.  Interest rate will never be less than 3% nor greater than 18%.

All home lending products are subject to credit and property approval. Rates, program terms and conditions are subject to change without notice. Not all products are available in all states. Other restrictions and limitations apply. Our Home Equity loan products may not be used to purchase the property being used as collateral. With home equity loans, you can generally deduct the interest you pay. The interest you pay on credit cards and other types of personal loans is generally not tax-deductible. Consult your tax advisor about the deductibility of interest.

Payment Examples: 

  • Closed End Real Estate – 120 mos @ 5.99% your payment will roughly be $11.10 monthly per $1000 borrowed.