home equity rates
what you need to know
Home equity rates are based on three factors:
- rates are tied to an index such as the prime rate.
When the prime rate moves up or down, so will home equity rates.
- rates are subject to your LTV position.
The lower your LTV, the better rate you will received
- rates are subject to your credit and debt position.
Applications with high scores and low debt ratos will get lower rates.
More Rate Information