Home Equity Loans

Borrow a specific amount at a fixed interest rate for predictable monthly payments.

  • Fixed rate for life of the loan
  • Get the funds in one lump sum
  • Predictable monthly payments for easier budgeting
  • Interest may be tax deductible1
  • No application fees, no bank fees at closing, and no early payoff fees

Get more with Commerce

Rate discounts available:2

  • 0.25% for automatic payments from a Commerce checking or savings account
  • 0.25% if refinancing a loan from another lender
  • Minimum loan amount is $10,000

Home Equity Loan or Line of Credit: Which is right for you?

View Rates for Home Equity Loans


  1. Consult with your tax advisor regarding the deductibility of interest.
  2. Subject to credit approval. Rate discounts cannot be combined with any other offer. Mortgages and dealer loans are not eligible to receive these rate discounts. Refinancing discount is limited to one discount per new installment loan, and does not apply to Commerce credit card or loan account payoffs.
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