Home Equity Line of Credit1

Whether you’re remodeling your home, planning for recurring expenses (like a contractor’s bills or tuition payments), or keeping credit available for unexpected expenses, our 30-year Home Equity Line of Credit (HELOC)1 allows you to borrow against the equity in your home, using the money when and where you need it. We make it easy, convenient, and worry-free.

Learn more about our fixed rate options

Our HELOC Rates

We'll pay up to

$10,000

in closing costs2

Special customer variable rates3 as low as

4.74% APR3

Rates without any customer relationship discounts are as low as 3.99% APR.3

  • Borrow up to 89.90% of your home's value4
  • Choose from an interest-only payment option
  • Fix all or a portion of your balance during the draw period5
  • Use your line of credit as often as you like for any amount up to your credit limit
  • Enjoy interest payments that may be tax deductible6
  • Get easy access to your funds by simply transferring money from your HELOC to another account (such as your checking or savings account), writing a HELOC check, or using Visa® Home Equity Line of Credit (HELOC) card
  • Save up to $10,000 on your closing costs2
  • Eliminate private mortgage insurance when purchasing a new home 7

To apply or learn more, visit your nearest Synovus branch or call us at 1-888-SYNOVUS (1-888-796-6887).

Important disclosure information

  1. All loans and lines of credit are subject to credit approval. Back
  2. Closing costs paid for Synovus consumer deposit customers who commit and maintain a minimum draw requirement. Closing costs paid up to $10,000 as a bank credit for customers who maintain a Synovus consumer deposit account and commit to a 20% initial draw for 90 days. The initial draw is required to be made within 30 days from establishing the account. If the outstanding balance is not maintained as required, the bank paid 3rd party origination expenses will be added to the outstanding HELOC balance. Other restriction apply for Synovus Inspire and Private Wealth customers. For more information on Inspire, see Synovus.com/SynovusInspire. For more information on Private Wealth, see Synovus.com/PrivateWealth. Generally, closing costs can range from $200–$4,000. If the borrower terminates the line within 36 months of the account agreement, an account closing fee of $200 (except South Carolina) will be charged to the customer. In addition, bank paid 3rd party origination expenses will be added to the outstanding HELOC balance. Back
  3. This APR example represents a variable rate with a 0.25% discount for auto-deduct from a Synovus personal deposit account. The interest rate will vary based on Wall Street Journal prime rate (as of May 5, 2022 prime rate is 4.00%) plus a margin. A prime rate of 4.00% (as of May 5, 2022) plus a typical margin of .74% APR (with customer discount for auto-deduct) would result in a current APR of 4.74% up to 79.90% loan to value (LTV). Back
  4. Rates range from prime plus 4.99% APR (with NO customer discount for auto-deduct) to prime plus 6.79% APR. APR is based on several factors including credit history, Loan to Value (LTV), and lien status. APR is subject to a minimum floor rate of 3.99% for relationship balances below $500,000, and 2.99% for Inspire and Private Wealth relationship balances greater than or equal to $500,000. The maximum APR rate is 18%. The relationship balance used for the rate determination is defined as the balance in place at the time of application. Private Wealth and Inspire Account clients are subject to different terms and conditions. For more information on Inspire, see Synovus.com/SynovusInspire. For more information on Private Wealth, see Synovus.com/PrivateWealth. This rate example features a 79.9% loan to value (LTV) 79.90% loan to value (LTV) which encompasses most HELOC borrowers. 89.90% LTV maximum (ask for current rates). LTV may vary with the amount borrowed, property type and credit score. Back
  5. The HELOC offers an interest only or 1.5% payment (or $50 minimum) during the initial draw period of 10 years. The draw period is followed by a 20 year repayment with a payment of 1.5% of the balance (or a $50 minimum). Conversion of all, or any portion of the balance above $5,000, to a fixed rate/fixed term are limited to three fixed rate options during the draw period; there is a $50 fee for each option. Once converted, that balance will remain at that fixed rate for the remainder of the term selected and cannot be selected for conversion again. The repayment period for these options cannot exceed the HELOC's maturity date. Back
  6. Please consult your tax advisor.  Back
  7. Limited to the purchase of primary residences. Purchase money funds are subject to a 30 year repayment at a fixed rate for the remainder of the term. Back