Make your house into the home you are looking for.

Home Equity Line of Credit Special Rate

Take advantage of our special home equity line of credit 1 year intro rate!


12 Month Intro Rate*



Fill out our easy online application

Complete the process when one of our experts contacts you

Sign disclosures

Provide us with requested documents

Receive application decision

Sign your loan closing documents


Have questions?

Call us at (877) 820-2265, fill out the form below to request a consultation, or stop by any of our 26 convenient branch locations.

How much money can I get from the equity in my home?


Your mortgage loan-to-value ratio:


You may be eligible to borrow the following amount for a HELOC:


Normal credit approval process applies. The highest acceptable loan-to-value (LTV) allowed to qualify for this Home Equity Line of Credit (HELOC) special intro rate is 80%. This calculator assumes that this is an owner-occupied home and borrower has an excellent credit score.

*Introductory Annual Percentage Rate (APR) of 2.99% on eligible new home equity lines of credit (HELOC) with a credit score of 720 or higher, and a loan to value (LTV) of 80% or less. A minimum $10,000 draw required to qualify for the rate special. Borrowers may not have had a previous HELOC promotional rate with Macatawa Bank within the past 12 months or have a current Macatawa HELOC with an open balance within the past 12 months. Introductory rate is fixed for twelve months following account opening date, and is not based on index and margin used for later rate adjustments. After the introductory twelve month rate period, the rate is a variable rate based on prime plus a margin. Prime rate is based on the Wall Street Journal Prime Rate. Current prime rate is 4.75% as of June 16, 2022. Loans of $100,000 or greater with a maximum loan to value (LTV) of 80%, a minimum credit score of 760 would have an APR of 4.65% and a margin of prime - .10% at the end of the introductory period. APR is variable and can change at any time without notice, but will never be greater than 25.00%. Annual fee of $75 is waived for first year. Credit Lines closed before the third anniversary may be charged 1% or 2% of the principal balance depending on lien position, up to $250. For loans under $249,999, there are no origination fees. Applicable fees may range from $350 - $1,000. The term of the line is 25 years, consisting of a 10 year draw period with interest only payments followed by a 15 year repayment period with amortizing payments of principal and interest which may increase your monthly payments, for loan amounts $249,999 or less. Maximum loan amount of $249,999 for the 12-month intro rate. Your minimum payment during the Advance Period will not decrease the principal balance on your account. Other rates and terms are available. Consult a tax advisor regarding the deductibility of interest. Loan subject to normal credit approval and owner occupancy guidelines. Equal Housing Lender. Offer valid through 06/30/2022.
Disclosures and borrower information
Macatawa Bank's primary lending area is West Michigan. Online applications will be considered received on today’s business day if submitted during the course of the bank’s normal business hours;
9am EST – 5pm EST Monday – Friday, excluding Federal Holidays
9am EST – 12pm EST on Saturdays
Applications received outside of this timeframe, including Federal Holidays and Sundays will be considered received the next business day.

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