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 up to 0.75% for CommerceOptionsSM checking customers2
  • Or, get a discount of 0.25% just for having your payment automatically deducted from your Commerce checking account3
  • 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. Up to 0.50% discount for those who choose automatic payment from their CommerceOptionsSM checking account, plus an additional 0.25% discount if refinancing from another lender. Mortgages and dealer loans are not eligible to receive the personal loan discounts. Additional refinancing option is limited to one discount per new installment loan, and is not applicable to Commerce credit card or loan account payoffs. Subject to credit approval. CommerceOptions requires significant product relationships or a $12 or $20 monthly fee.
  3. Not available for CommerceOptions accounts
  • To send an email that contains confidential information, please visit the Secure Message Center where there are additional instructions about whether to use Secure Email or Online Banking messaging.