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 Total Line of Credit (TLC) 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. Plus, we'll pay up to $500 of your closing costs.2

Our HELOC Rates

12-Month introductory rate3

1.99% APR

Special customer variable rates4 as low as

5.00% APR

Rates without any customer relationship discounts are as low as 5.50% APR.4

  • Borrow up to 89.9% of your home's value
  • Choose from an interest-only payment option 
  • Fix all or a portion of your balance during the draw period6
  • 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 deductible7
  • 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 your Visa® Platinum HELOC card
  • Save up to $500 on your closing costs2

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 personal deposit account holders only. Closing costs paid up to $500 (up to $2,000 for collateral properties located in Florida and South Carolina.) Generally, closing costs can range from $200–$4,000. If the borrower terminates the line within 24 months of the account agreement, an account closing fee of $200 up to $1,500 will be charged to the customer. Back
  3. A minimum $10,000 initial draw is required. Introductory annual percentage rate (APR) will not increase for the first twelve (12) billing cycles of the account. Introductory rate offer cannot be combined with other pricing discounts. Back
  4. After the introductory period, the interest rate will vary based on Wall Street Journal prime rate (as of 9/18/2019 prime rate is 5.00%) plus a margin. A prime rate of 5.00% (as of 9/18/2019) plus a typical margin of .50% would result in a current APR of 5.50%. Up to 89.9% loan to value (LTV).

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  5. Rates range from prime plus 0.50% APR to prime plus 6.79% APR; APR is based on several factors including credit history, Loan to Value (LTV), and lien status. The actual rate offered at the end of the introductory period will be determined based on credit history and Loan to Value (LTV). An increase in the rate will result in higher payments. APR discounts are limited to 0.50%. APR is subject to a minimum floor rate of 4.00%; the maximum rate is 18%. This APR example represents 0.25% discount for auto deduct from a Synovus personal deposit account and a 0.25% discount for $20,000 or more in total balances at the bank. Up to 89.9% loan to value (LTV). The special rate for customers requires $20,000 or more in total balances with Synovus. Total balances defined as all Consumer Deposits (CD, checking, MMA, saving), Business Deposits (if clients has controlling interest in the business), Brokerage and Trust. Qualifying balances determined using 12 month rolling average for existing accounts; new accounts qualified using current value; loan balances not eligible for qualifying. The maximum LTV may vary with the amount borrowed and credit score. Back
  6. The 30-year Total Line of Credit (TLC) 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, to a fixed rate/fixed term are limited to three 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 fixed rate at the time of conversion is tied to the Wall Street Journal Prime plus the margin approved at the time of opening the TLC. The repayment period for these options cannot exceed the TLC's maturity date. Back
  7. Please consult your tax advisor.  Back