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Home Equity Line of Credit

Projects are less painful with cash on demand

When you’ve got big expenses — planned or unplanned — home equity lines of credit are a great source of funds for anything you need.

Let’s talk about Home Equity Lending

Our lines of credit feature:

  • Reusable source of credit
  • Variable rates that follow the market
  • No application fees, no bank fees at closing and no early payoff fees
  • Interest may be tax deductible – check with your tax advisor
  • 3.25% APR for 12 months then 5.75%-7.25% variable APR1
Apply online
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Access your Line of Credit any way you'd like

  • Log into Online Banking to transfer funds to your checking account

  • Call the 24-hour account information line at 800-453-2265 to transfer funds over the phone

  • Visit your local branch and speak with a banker

  • Use your Home Equity Line of Credit account checks

Get more with Commerce

Open a Home Equity Line of Credit and get a 3.25% intro APR for 12 months, then 5.75% to 7.25% variable APR1

Amount Drawn Monthly Interest-Only Payment @ 3.25% APR1,2 Monthly Interest-Only Payment @ 5.75% APR1 Monthly Interest-Only Payment @ 6.00% APR1 Balance due at end of 10-year term if only interest is paid each month
 $10,000 $26.71 $47.26 $49.32 $10,000
 $25,000 $66.78 $118.15 $123.29 $25,000
 $50,000 $133.56 $236.30 $246.58 $50,000

Do I need a Home Equity Loan or Line of Credit?

Home Equity Loans are a lump sum of money that's received all at one time for one large expense, where a Home Equity Line of Credit works more like a credit card. When considering your goals, think about whether you need a continuing source of funds (line of credit) versus the entire loan all set at one time (home equity loan).

Get details


  1. Limited time offer. Subject to credit approval. Introductory Annual Percentage Rate (APR) of 3.25% available on new lines of credit only with combined loan-to-value (LTV) ratio (including prior mortgages or liens) of 90% or less. Initial rate is fixed for 12 months following account opening date, and is not based on index and margin used for later rate adjustments. Introductory rate offer not available for refinances of existing Commerce Bank Home Equity Lines of Credit. After the 12-month introductory period, the rate is a variable rate subject to change with the changes in the Prime Rate. Rate offer of 5.75% APR available only on new lines of credit with combined LTV ratio (including prior mortgages or liens) of 80% or less, and reflects the rate discount of 0.25% for automatic payments from a Commerce checking or savings account. The APR may range from Prime Rate plus 1.00% to Prime Rate plus 2.50% depending on LTV and customer relationship. The Prime Rate used is the U.S. Prime Rate quoted in the “Money Rates” column of The Wall Street Journal on the last business day of the month. As of October 31, 2019, the APR can range from 5.75% to 7.25%. The APR may change monthly, but will not be lower than 3.99% APR, nor exceed 17.65% or 20.04%, depending on LTV. Maximum combined LTV is 90% (including prior mortgages or liens). At maturity, entire balance payment is required in a single “balloon payment.” Insurance must be carried on property securing this loan. Missouri, Kansas, Illinois, and Colorado residents incur no fees or closing costs. Oklahoma residents are required to pay state mortgage tax of no more than $.10 per $100 of mortgage filed; no other fees or closing costs apply. 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 loan, and does not apply to Commerce credit card or loan account payoffs.

  2. Monthly payment examples are based on the sample amounts drawn against a line with combined LTV ratio (including prior mortgages or liens) of 80% or less. Rates shown are with and without the 0.25% rate discount for automatic payments from a Commerce checking or savings account. Payments will vary based upon balance amount and interest charges.