Home Equity Loan*
Whether it’s renovations, maintenance, landscaping, or debt consolidation, a fixed-rate Home Equity Loan gives you the funds you need with payments you can plan for.
A Home Equity Loan allows you to borrow against the equity in your home and receive the funds in one lump sum. You then repay the loan on a fixed schedule with a fixed interest rate, so your monthly payments remain predictable throughout the life of the loan.
Home Equity Loans can be a good option for one-time or larger expenses, including home repairs and improvements, debt consolidation, weddings or celebrations, and education costs. If you know how much you need to borrow and prefer the stability of a fixed payment, a Home Equity Loan may be the right fit.
- 6.99% RATE
- 7.216% APR
Home Equity Line of Credit**
You have the equity on tap. All you have to do is turn it on! If you need cash on hand to pay a contractor or other vendor, then the State Bank Home Equity Line of Credit (HELOC) is what you need. Pull from your line of credit when you need to make a payment. If you don’t need a big chunk of money all at once, then this HELOC is for you!
A HELOC gives you a flexible line of credit that allows you to borrow against the equity in your home and access funds as you need them, up to your approved amount. It can be a useful option for ongoing home improvements, debt consolidation, vacations, college tuition, or other expenses where you may not need all of the funds at once.
Unlike a fixed-rate Home Equity Loan, a HELOC has a variable interest rate, giving you the flexibility to draw from your available credit as expenses arise.
- 3.99% APR – 6-Month Introductory Rate
- Variable Thereafter
*APR=Annual Percentage Rate. All Loans are subject to credit approval. Rates will be subject to customer’s credit score. Loan amount minimum is $10,000. Rates, terms, and conditions subject to change. No early closure fee. Second mortgage only. Customer will be responsible for all closing costs of approximately $950 – $1,200 (includes appraisal, flood certification, title search, credit report, tax servicing, and recording fees). See your State Bank loan officer for full details. Certain restrictions apply. NMLS #504503.
**APR=Annual Percentage Rate. Home Equity Line of Credit Disclosure: State Bank will pay flood certification, drive‑by appraisal, title search, and document recording fees. Hazard and, if applicable, flood insurance is required and the responsibility of the borrower. The introductory fixed rate will apply only during the first six (6) billing cycles after your State Bank HELOC is opened. To qualify for the special introductory APR of 3.99%, you must open and maintain a State Bank demand deposit account (DDA/checking account) and authorize automatic monthly payments to be deducted from that account. If the required DDA is not opened or maintained, or if automatic payments are discontinued, the introductory rate may be terminated, and the APR will convert to the applicable variable APR. Beginning the 7th month after the HELOC is opened, the APR will convert to the applicable variable APR plus zero or a margin up to 1.50%, depending on your credit score and the home equity product you choose. The variable APR may change monthly based on the latest U.S. Prime Rate as published in The Wall Street Journal as of the first business day of the month. The APR will never exceed 21%. As of 9/16/2026, the U.S. Prime Rate is 7.00%. There is a $50 annual fee, which is waived the first year. Credit is subject to approval. This offer is available for new lines of credit only and is subject to change. See a loan officer for full details. Early termination fee: $450.00 will be charged if you close your Home Equity Line of Credit within the first 36 months from the date the account was opened. NMLS #504503.