Summary: Home Equity Rates

----- quick rates summary -----

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.