Our home equity loans have a fixed interest rate for the life of the loan, so you’ll have predictable monthly payments for easier budgeting.
A home equity loan is tied to the equity you've built into your home through mortgage payments.Apply now
Take advantage of flexible terms – long, short or somewhere in the middle. Let’s find a financing plan that works for your unique needs.
Receive an additional rate discount of 0.25% when $7,000 or more of the loan is used to pay off debt from another lender.1
Borrow up to 90% of your home’s available equity, with a minimum loan amount of $10,000.
No application fees, no bank fees at closing and no early payoff fees.
Interest may be tax deductible — check with your tax advisor.
Start by submitting your application in 20 minutes or less.
Work with your home equity specialist to provide frequently required information and documentation.
Set up closing after submitting the application and documentation to receive your funding.
Tap into the equity in your home when you need to with a reusable line of credit.
1 Rate discount of 0.25% discount requires automatic loan payment from a Commerce Bank checking or saving account. Mortgages and dealer loans are not eligible to receive the discounts. Additional 0.25% rate discount when $7,000 or more of the loan is refinanced from another lender. Additional refinancing option is limited to one discount per loan and is not applicable to Commerce credit card or loan account payoffs. Subject to credit approval.
* Rates are subject to change. These rates are available only for home equity loans. Your APR will be determined based on creditworthiness, customer relationship, loan-to-value ratio and loan term. Must be 18 years or older to apply.