Home Equity Line of Credit
Turn Your Home’s Value into a Financial Tool
Take advantage of our competitive rates and use your home’s equity to remodel your kitchen, build your own private pool or make home improvements. Funds can also be used to take a vacation or consolidate debt. The possibilities are endless with a Home Equity Line of Credit.
Peoples Bank® HELOC Features
No origination fee1
Flexible repayment terms
No appraisal fee1
No annual fee for the first year
Competitive and fixed rates
Access line of credit
for up to 10 years
Fast approval time
Automatic payment deductions from your Peoples Bank checking account
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.
1 Zero closing costs apply to Freedom Equity product only. Freedom Equity 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 November 1, 2025 range from 7.00% to 10.00%. APR based on the consumers credit score and loan to value. As of November 1, 2025 an available rate for the Freedom Equity product was 10.00%. 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. If you make only the minimum payments for the maximum allowable time frame, you
may not repay any of the principal balance by the end of the payment stream so a balloon payment will result and you will be required to pay the entire balance owing in a single payment. Plan includes a $50.00 annual fee
to maintain the account. 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