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Home Equity Line of Credit
Home Equity Line of Credit
A Home Equity Line of Credit (HELOC) is a convenient and cost-efficient way to borrow money for almost any purpose. You’ll get the flexibility to pay down your credit line and access funds as you need them.
Our Home Equity Line of Credit Rates Are Variable.
Today, Our Variable Rates Are:
Our Home Equity Line of Credit Rates Are Variable.
Today, Our Variable Rates Are:
|
Amount |
Current % APR1 |
|---|---|
|
$10,000 – $99,999.99 |
8.00% |
|
$100,000 – $249,999.99 |
7.75% |
|
$250,000 – $500,000 |
7.50% |
|
$500,000+ |
7.25% |
|
Amount |
Current % APR1 |
|---|---|
|
$10,000 – $99,999.99 |
8.00% |
|
$100,000 – $249,999.99 |
7.75% |
|
$250,000 – $500,000 |
7.50% |
|
$500,000+ |
7.25% |
Use a HELOC to Help Pay For
Use a HELOC to Help Pay For
Home Improvements
Home Improvements
Debt Consolidation
Debt Consolidation
Unexpected Expenses
Unexpected Expenses
Medical Expenses
Medical Expenses
Vacations
Vacations
And Much More!
And Much More!
Why Open a HELOC with Wintrust Community Banks?
Why Open a HELOC with Wintrust Community Banks?
Reach your goals by tapping into your home equity.
Fixed Rate Options
Fixed Rate Options
Lock in a fixed rate on all or part of your existing HELOC balance up to 2x at once.
Competitive Interest Rates
Competitive Interest Rates
A HELOC can offer a lower rate than an unsecured loan.
Flexibility
Flexibility
Access your funds as needed during the 10-year draw period.
Have questions about how a HELOC can help? Talk to an expert today.
Have questions about how a HELOC can help? Talk to an expert today.
1. Home Equity Line of Credit. The Annual Percentage Rates (‘APRs’) are accurate as of 9/22/25. The total term of the Home Equity Line of Credit (‘HELOC’) is 360 months. During the first 10 years, the “Draw Period”, the APR is a variable rate based on an index of the highest Prime Rate reported in the Money Rates section of the Wall Street Journal (the “WSJ Prime”), plus a margin based on the amount of the line. On 9/22/25, the WSJ Prime Rate was 7.25% resulting in the following APRs: $10,000 – $99,999.99: 8.00% (Prime + 0.75%), $100,000 – $249,999.99: 7.75% (Prime + .50%), $250,000-$500,000: 7.50% (Prime + .25%), $500,000+: 7.25% (Prime + .00% or floor rate, whichever is greater). The APR may vary based on the use of auto-debit. The minimum APR is 3.99% (floor rate) & the maximum APR is 20.00%. Rates will change on the 1st day of the statement cycle following a Prime Rate change. Interest only minimum payments required during the Draw Period. During the “Repayment Period”, the remaining 20 years, the APR is a variable rate based on the WSJ Prime + the margin in effect at closing with floor of 3.99%. Subsequent changes will occur on the 1st day of the statement cycle following a Prime Rate change. The minimum APR is 3.99% (floor rate) & the maximum APR is 20.00%. During the Repayment Period, monthly principal & interest payments will be required to fully amortize the loan. There is an annual fee of $75, but it will be waived for the first year. Offer applies to lines secured by owner occupied or second homes, one-to four-family residences. Loan to values exceeding 80% may have higher rates. Property insurance is required & flood insurance may be required. Consult a tax advisor regarding the deductibility of interest. Third party fees will be paid by the bank with the exception of the following: fees on purchase money (including simultaneous loans) or fees on properties located in any state that is not IL, WI, IN, MI, Collier County, FL and Lee County, FL (the rest of FL not included). Pricing shown assumes borrower meets underwriting guidelines, otherwise a higher APR may apply, or credit may not be available. See your loan officer for details.
