Welcome! Enjoy our new website.

Questions? Get Help
Man holding paint can

Home Equity Line of Credit

Make your home yours.

When the housing market makes buying your dream home feel impossible, a HELOC from Emprise makes renovating your current house possible. With a home equity line of credit, you can have those shaker cabinets you’ve dreamed of, without the hassle of a moving truck.

Apply online in less than 10 minutes.

long line with sparkles

What is a HELOC?

A HELOC is your home’s equity working for you. Based on the equity of your home, you can secure a revolving line of credit, much like a credit card. You can use the funds from that line of credit for up to seven years and pay interest only on the amount you use. After those seven years, you move into a ten-year repayment period and pay on the amount borrowed plus interest.

Flexibility: With a line of credit, you have the flexibility to use how much you need, when you need it. Like when you decide carpet has no place in your bathroom.

Easy Access: If you have a deposit account with us, simply use online banking or the mobile app to transfer funds from your line of credit to your Emprise checking or savings account when you're ready to work on that renovation project.

Reusable: Like a credit card, as you pay down on your HELOC, you can reuse the available balance.

Fees: Just a $99–$350 origination fee to get you started, but no closing costs (unless we need an appraisal to confirm the value of your home).*

Origination fee of $99.00-$350.00 applies to all HELOCs. An owner-occupied HELOC APR (Annual Percentage Rate) is determined based upon the specific terms of the loan and credit history. The APR will change with the market based on the Prime Rate as published in the Wall Street Journal. Minimum loan amount of $5,000.00. A full appraisal may be required in some instances and will result in an additional appraisal fee. Maximum combined LTV is 89% including any prior mortgages or liens. Funds can be drawn for 7 years, during which time interest-only payments are required. After the 7-year draw period, a 10-year repayment period is entered, during which time payments of both principal borrowed and interest are required. Property insurance is required.

HELOC Uses

You can use the funds for whatever your heart desires, but here are some ideas for inspiration:

  Home improvements like major remodeling and repairs.

  Saving money by consolidating high-interest debt.

  Covering expenses like an unexpected emergency or tuition.

HELOC Types



EZ HELOCStandard HELOC
Loan Amounts$5,000 - $25,000Over $25,000
AppraisalsNo appraisal in most cases*May be needed to confirm home value
TurnaroundTypically closes within 24-48 hoursTypically closes with 20 days, subject to appraisal requirements
EZ HELOC
Loan Amounts$5,000 - $25,000
AppraisalsNo appraisal in most cases*
TurnaroundTypically closes within 24-48 hours
Standard HELOC
Loan AmountsOver $25,000
AppraisalsMay be needed to confirm home value
TurnaroundTypically closes with 20 days, subject to appraisal requirements
long line with sparkles

Unlock Your Home’s Financial Potential

Think a HELOC is only for home renovations?

A home equity line of credit, HELOC for short, is a great way to tap into the equity you have built in your home. As a versatile revolving line of credit, you have the flexibility to use it when and how you need.