Open a Home Equity Line of Credit

12-Month introductory rate1

1.99% APR

Special customer variable rates as low as2

5.50% APR

Rates without any customer relationship discounts are as low as 6.00% APR3.

A home equity line of credit (HELOC) from Synovus lets you take advantage of the accumulated equity in your home. We make it easy, convenient, and worry-free. We will pay up to $500 of your closing costs.4

Important Disclosure Information

Subject to credit approval. Offer and rates subject to change without notice. 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.

Banking products are provided by Synovus Bank, Member FDIC.

  1. 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
  2. Rates range from prime to prime plus 10.79% 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 .50%. APR is subject to a minimum floor rate of 4.00%; the maximum rate is 18%. This APR example represents .25% discount for auto deduct from a Synovus personal deposit account and a .25% discount for $20,000 or more in total balances at the bank. Up to 89.9% loan to value (LTV). Twenty thousand ($20,000) or more liquidity with Synovus is defined as all Consumer Deposits (CD, checking, MMA, saving), Business Deposits (if client 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.

  3. After the introductory period, the interest rate will vary based on Wall Street Journal prime rate (as of 12/20/18 prime rate is 5.50%) plus a margin. A prime rate of 5.50% (as of 12/20/2018) plus a typical margin of .50% would result in a current APR of 6.00%. Up to 89.9% loan to value (LTV).

  4. Closing costs paid for Synovus personal deposit account holders only. Closing costs paid up to $500 (up to $2,000 for lines opened at Synovus Bank 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.


Interested in a home equity line of credit?

Visit a branch to apply today