Home Equity Line of Credit (HELOC) Special
We are offering a special introductory Annual Percentage Rate (APR) of 5.49% for the first six (6) months on new HELOC accounts.
After the introductory period, the APR will revert to the standard variable rate based on the Loan-to-Value (LTV) ratio as outlined below:
- LTV 50% or less: Prime + 0.25% (currently 7.00%)
- LTV 51%–80%: Prime + 0.50% (currently 7.25%)
Product Features:
- Revolving account with a term of 10 years
- No closing costs
- No annual fee
- Minimum payment: 1.5% of the outstanding balance or $100, whichever is greater
- Maximum LTV: 80%
*APR = Annual Percentage Rate. TLTV = Total Loan-to-Value.
**Rate current as of 1/7/2026 and is subject to change without notice. All loans are subject to credit approval and underwriting guidelines. The introductory rate only applies to new Home Equity Lines of Credit accounts and will automatically adjust after six months to the standard variable rate based on the TLTV ratio. For the introductory rate of 5.49% for the first six months, the terms of repayment based on a TLTV of 80% per $10,000 borrowed are: 86 monthly payments (8 years 2 months) of $150.00. No minimum loan amount with a maximum loan amount up to 80% TLTV. The standard variable rate for a TLTV of 50% or less is 0.25% above Prime Rate with a floor of 4.00% and for a TLTV of 51-80% is 0.50% above Prime Rate with a minimum rate of 4.00%. Prime Rate = the base rate on corporate loans posted by 70% of the 10 largest US banks known as the Wall Street Journal US Prime Rate. The account has no annual fee and no prepayment penalty. Not available for mobile homes. For additional information contact your local Bippus State Bank Mortgage Loan Officer or representative at any of our convenient locations or call us toll free at 877.653.8900. Bippus State Bank NMLS #631974.