Home Equity Line of Credit (HELOC)
Home Flex – Home Equity Line of Credit (HELOC)
Limited-Time Offer: 6.49 APR*
As of January 1, 2026, the interest rate is Prime Minus 0.26% APR.*
Offer valid through March 31, 2026.
To be eligible for this offer:
- Must have excellent credit**
- Must have maximum Loan -to-Value (LTV) Ratio of 80%**
Home Flex – Home Equity Line of Credit Features
No Origination Fee1
No Appraisal Fee1
No Annual Fee for the first year
Access line of credit for up to 10 years
Competitive rates
Fast approval time
Apply for a Home Equity Line of Credit
Fill out an interest form or visit your local branch in Ohio, West Virginia, Kentucky, Virginia, Maryland or Washington, D.C.
Frequently Asked Questions
How can I access my Home Equity Line of Credit (HELOC) funds?
You can transfer money directly from your Home Equity Line of Credit (HELOC) to your Peoples Bank checking account, get a HELOC debit card or HELOC checks to make purchases.
*Prime – 0.26% APR Offer available for Home Flex Product applications beginning January 1st, 2026 and ending March 31, 2026.
**Prime – 0.26% APR Offer only available to consumer with a credit score greater than or equal to 700 and a loan to value ratio of less than or equal to 80%. Zero closing costs apply to Home Flex product only. Home Flex product contains an APR based on Prime, plus or minus a margin, that is variable and can change each month beginning with the first month. Available rates as of January 1, 2026 range from 6.75% to 9.75%. APR based on the consumers credit score and loan to value. As of January 1, 2026 an available rate for the Home Flex product was 9.75%. The APR for any equity plan will never be higher than 18.00% in WV; 24.00% in KY; 25.00% in OH; 24.00% in DC; 24.00% in MD; or Unlimited in VA. During the 10-year draw period, minimum payments cover interest only. At the end of the draw period, any remaining balance converts to fixed principal and interest payments over the 10-year repayment period. Plan includes a $50.00 annual fee to maintain the account, if allowable by state law. There may be an early cancellation fee of 1% of the original commitment or the maximum of $1,000.00 if allowable by state law. Other conditions and restrictions may apply. Information is subject to change without notice. All loans subject to application, credit, and collateral approval. Consult a tax advisor regarding tax deductibility of interest and charges. Interest on the portion of the credit extension greater than Fair Market Value of the dwelling is not tax deductible for Federal income tax purposes.
1 Zero closing costs apply to Home Flex product only. Home Flex product contains an APR based on Prime, plus or minus a margin, that is variable and can change each month beginning with the first month. Available rates as of January 1, 2026 range from 6.75% to 9.75%. APR based on the consumers credit score and loan to value. As of January 1, 2026 an available rate for the Home Flex product was 9.75%. The APR for any equity plan will never be higher than 18.00% in WV; 24.00% in KY; 25.00% in OH; 24.00% in DC; 24.00% in MD; or Unlimited in VA. During the 10-year draw period, minimum payments cover interest only. At the end of the draw period, any remaining balance converts to fixed principal and interest payments over the 10-year repayment period. Plan includes a $50.00 annual fee to maintain the account, if allowable by state law. There may be an early cancellation fee of 1% of the original commitment or the maximum of $1,000.00 if allowable by state law. Other conditions and restrictions may apply. Information is subject to change without notice. All loans subject to application, credit, and collateral approval. Consult a tax advisor regarding tax deductibility of interest and charges. Interest on the portion of the credit extension greater than Fair Market Value of the dwelling is not tax deductible for Federal income tax purposes.
NMLS#617258