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Embrace the possibilities...

Borrow only what you need with a home equity line of credit from HomeTrust Bank.

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Great Rate

Take advantage of HomeTrust’s great low rates to finance your projects and cover unexpected costs.

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Low Interest Rate

Rates as low as
Prime + 0.00% APR1
Currently 6.75% APR

Low Closing Costs

Ask us about our in-house closing program and if you qualify for reduced or no closing costs1.

Interest only payments for 10 years2

Pay only the interest amount on the loan each month for the first 10 years.

Go Beyond...

Remodel your home. Pay for your child’s tuition. Take an amazing vacation. Consolidate debt. A HomeTrust Bank HELOC allows you to use the equity in your home to pay for major and unexpected expenses.

It also gives you the flexibility to decide how much to borrow — and how to pay it back.

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Feel the Flexibility...

From expenses big to small, a HomeTrust Bank HELOC gives you the flexibility to access only the funds you need, with no restrictions on use . You can also make interest-only payments on what you borrow for the first 10 years2, giving you maximum flexibility.

Access only the funds you need with no restrictions on how you use them. For the first 10 years, you’ll only pay interest on what you use. With low payments and fast closings, why wait?

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Learn More

What is a Home Equity Line of Credit?

  • A home equity line of credit, sometimes called a “HELOC”, is similar to a home equity loan. Both allow you to borrow money using the equity in your home as collateral.
  • The equity you have is the difference between what your home is worth and what you owe on your mortgage. As you pay down the mortgage on your home and improve your home, you build equity.

How does a Home Equity Line of Credit work?

  • A HELOC is ideal for those who need cash over a longer period-of-time and would like to take advantage of a flexible line of credit. Borrow only what you need, when you need it, from the available equity in your home.
  • Your line of credit will depend on the amount of equity you have in your home, along with several other factors. You can borrow up to 80% of your home’s value.
  • Pay only the interest amount on the loan each month for the first 10 years2.

Ready to Apply?

Excellent! Our goal is to deliver your line of credit in the shortest possible timeframe. Here's a list of documents you'll need to have ready as you apply.

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Current homeowners insurance policy, and flood insurance if applicable.

Proof of income, like W-2's, the most recent two months of pay stubs.

Self-employed? Retired? No problem. Talk with a lender to see what's best.

All loans and lines of credit are subject to credit approval. Talk to a HomeTrust Bank Loan Officer for more program information.

  1. No fees must be paid to the bank to open a Home Equity Line of Credit (HELOC). However, you may have to pay certain fees to third parties. If we cannot determine your home’s value by an automated valuation model, you may have to pay for the cost of an appraisal, normally no more than $550. If your property is in VA or TN, a recordation tax is payable to the Commonwealth or State. This tax varies based on location; however, it approximates $0.25 for every $100 borrowed. HomeTrust Bank will pay up to a maximum of $400 towards VA or TN recordation fees for qualified borrowers. If applicable, the total of all account opening fees payable by you ranges between $550 and $3,500. If you terminate your line of credit within the first 36 months of account opening, you will have to reimburse HomeTrust Bank for any fees paid to third parties by HomeTrust Bank on your behalf at the time of account opening.

    There are no fees for maintaining a HELOC. However, a HomeTrust Bank checking account is required. You can access your HELOC by transferring funds electronically to a HomeTrust Bank checking account, at no cost, through HomeTrust’s Online or Mobile Banking or by visiting your local HomeTrust branch. Checking account openings are subject to bank approval. Third party data, messaging and internet service provider fees may apply to online and mobile banking.

    This is a 25-year Home Equity Line of Credit (HELOC) with a 10-year, interest only draw period followed by a 15-year, amortized repayment period. The ANNUAL PERCENTAGE RATE (APR) on future balances will be based on the Wall Street Journal Prime Rate, plus a margin. Your APR and margin will depend on your creditworthiness and the property used as collateral. This is a variable interest rate, and the rate is subject to change daily. As of December 11, 2025, the APR is 6.75%. Ask us for current rates, as rates are subject to change. The maximum APR is 16.00% or the maximum permitted by law, whichever is less. A floor rate may be associated with your HELOC. See disclosures provided at application to determine if this applies.

    HELOCs are limited to 1st and 2nd lien financing on primary and secondary residences, single family dwellings in the HomeTrust Bank market and are not valid for manufactured homes, residential lots, or homes listed for sale. Hazard insurance and flood insurance, if applicable, are required. The minimum credit limit is $14,000. Higher credit limits, up to a maximum of $1,000,000, may be available for those who meet our credit standards.

  2. Payment amount is interest-only during the 10-year draw period. After the draw period ends, you must repay any outstanding balance over a 15-year repayment period. During the repayment period, your minimum monthly payment of principal and interest (P&I) will be sufficient to amortize the outstanding principal balance over the term of the repayment period at the current rate of interest. This payment will change monthly as your balance, interest rate, and the remaining number of months in the repayment period change. You must pay the entire account balance owed under this agreement on or before the maturity date.

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An Award-Winning Bank...

Learn more about why HomeTrust Bank continues being recognized as a best bank, and a best place to work, on our website. 

©HomeTrust Bank
10 Woodfin Street Asheville, NC 28801
PO Box 10 Asheville, NC 28802
800.627.1632

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