Home Improvement Options
Put Your Home's Value to Work
A Home Equity Line of Credit (HELOC) from Bellwether provides you access to the equity you've built up in your home, whenever you need it. The line will be available to draw from for up to 10 years. Plus, you'll pay interest only on the amount you've used; that means if you don't use the line, you don't have any payments to make. And, as you pay down the line, your payments will adjust, and the funds become available to use again.
Home Projects Can't Wait?
If you are in more of a rush to finish your project, a Home Improvement Loan may be the better choice for you. With Bellwether's Home Improvement Loan, a type of unsecured personal loan specifically for home-related projects, you'll get your money the same day you apply! That way you can focus on your home emergency, home improvement, or home addition and not the stress on when you will receive your loan.
Home Equity Line of Credit Rate Table
Bellwether offers two different HELOC products; *Home Equity Line and **Home Equity Plus Line of Credit. Rates shown are for well-qualified borrowers. For each product, the Annual Percentage Rate (APR) is variable and will be based on your creditworthiness and ability to repay. Rates are variable, based on the Wall Street Journal Prime (as of 4/1/23, 8.00%), and are subject to change at any time. Each product has an Application Fee of up to $250.00. Ask us for our current Application Fee. In order to open and maintain your home equity loan account, an annual fee of $50 is due on the Anniversary Date of your Agreement. To open the plan you must also pay certain fees to third parties, generally totaling between $0 and $1,500. A $344 early termination fee may apply if the account is closed within three years from account opening. If your property is held in a trust, an upfront, non-refundable $175 trust review fee applies; otherwise, there are no origination/application fees. If you pay interest only, you still owe the amounts drawn, and your monthly payment will increase when the interest-only period ends. Homeowners insurance is required.
*Home Equity Line: Rates as low as Prime - 0.25%. Prime as of 4/1/23 was 8.00%. Homeowner's insurance is required. All loans subject to credit approval. Floor rate is dependent on creditworthiness.
**Home Equity Plus Line of Credit: Maximum 100% combined loan-to-value ratio. Rates are as low as Prime +2.50%. Prime as of 4/1/23 was 8.00%. The variable APR will not exceed 18%. Floor rate is dependent on creditworthiness.
Bellwether offers two different HELOC products; *Home Equity Line and **Home Equity Plus Line of Credit. Rates shown are for well-qualified borrowers. For each product, the Annual Percentage Rate (APR) is variable and will be based on your creditworthiness and ability to repay. Rates are variable, based on the Wall Street Journal Prime (as of 4/1/23, 8.00%), and are subject to change at any time. Each product has an Application Fee of up to $250.00. Ask us for our current Application Fee. In order to open and maintain your home equity loan account, an annual fee of $50 is due on the Anniversary Date of your Agreement. To open the plan you must also pay certain fees to third parties, generally totaling between $0 and $1,500. A $344 early termination fee may apply if the account is closed within three years from account opening. If your property is held in a trust, an upfront, non-refundable $175 trust review fee applies; otherwise, there are no origination/application fees. If you pay interest only, you still owe the amounts drawn, and your monthly payment will increase when the interest-only period ends. Homeowners insurance is required.
*Home Equity Line: Rates as low as Prime - 0.25%. Prime as of 4/1/23 was 8.00%. Homeowner's insurance is required. All loans subject to credit approval. Floor rate is dependent on creditworthiness.
**Home Equity Plus Line of Credit: Maximum 100% combined loan-to-value ratio. Rates are as low as Prime +2.50%. Prime as of 4/1/23 was 8.00%. The variable APR will not exceed 18%. Floor rate is dependent on creditworthiness.
Home Improvement Loan Rate Table
*Rates are subject to change at any time. Your actual rate will be determined by your creditworthiness and ability to repay. One of the borrowers must be the owner of the subject property, and all borrowers must live in the subject property. No non-occupant borrowers allowed. Minimum personal loan amount of $500; maximum loan amount of $30,000. Proof of income is required for all loans greater than $25,000 and is also dependent on creditworthiness. Please call 1-866-996-9828 for more details. Payment examples assume a $0.00 down payment. All loans are subject to credit approval.
*Rates are subject to change at any time. Your actual rate will be determined by your creditworthiness and ability to repay. One of the borrowers must be the owner of the subject property, and all borrowers must live in the subject property. No non-occupant borrowers allowed. Minimum personal loan amount of $500; maximum loan amount of $30,000. Proof of income is required for all loans greater than $25,000 and is also dependent on creditworthiness. Please call 1-866-996-9828 for more details. Payment examples assume a $0.00 down payment. All loans are subject to credit approval.