Home Equity Lines of Credit

When major expenses roll around, from tuition to renovations to high-interest bills, a home equity line of credit (HELOC) from Synovus can be a simple solution for many homeowners.

A HELOC lets you take advantage of the accumulated equity you have in your home. Once you’ve opened a HELOC, you can use it over and over again* — eliminating the hassle of having to reapply as new projects or needs arise.

We make the application process as smooth as possible, and we’ll be there to answer your questions every step of the way.

All of our home equity lines share the following benefits:

  • Ease of use: Make purchases with your Visa Platinum Home Equity Line Card, write a check, or transfer money into your checking account.
  • Convenience: There’s no need to keep applying for a new loan — you can use your line of credit over and over.
  • Tax benefits: In most cases, the interest you pay on your credit line is tax-deductible. Consult your tax advisor about deducting interest.
  • Banking discounts: The balances you keep on your HELOC can help you avoid the monthly service fees charged on our Preferred Checking Account. Ask your banker for more details.

You can use this credit line to pay for planned expenses or as an emergency reserve. We offer several equity line plans, so ask your local bank representative for more details.


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Subject to credit approval. Offer limited to new home equity lines only, secured by a valid first or second lien position on owner-occupied primary or secondary dwelling. Mobile homes not eligible. Property insurance and appraisal will be required. Flood insurance may also be required. Consult a tax advisor regarding deductibility of interest.
Closing costs paid up to $2,000 for lines opened at Synovus Bank of Florida. Closing costs paid up to $500 for lines opened at other Synovus Bank Divisions. Generally, closing costs can range from $500 – $4,000. An account non usage fee of $50 will be due if the line of credit does not have a balance for 12 consecutive months. If the line is terminated within 24 months of the account agreement, an early account closing fee of third party charges paid by the bank will be charged to the customer.


*Home Equity Lines of Credit are subject to a plan expiration date. Whatever your payment arrangements during the life of the plan, when the plan ends you may have to pay the entire balance owed in full or reapply for a new credit line. Approval will be based on a new credit evaluation, and upon approval, current rates will apply.


 Banking products are provided by Synovus Bank, Member FDIC and Equal Housing Lender. Divisions of Synovus Bank operate under multiple trade names across the Southeast. Loan products subject to credit approval.