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Home Equity Loans

Our convenient home equity loan products provide qualified homeowners the ability to meet their financing needs by using the equity in their home. Funds from a home equity loan can be used for things such as home improvements, a new car, a vacation, debt consolidation, or anything else.

Apply 24/7 by clicking the button below or calling us at (888) 775-6687 and selecting option #2.

Home Equity Loan Rates

INTEREST
As low as
APR
Fixed Term2.49%3.05%

APR is Annual Percentage Rate. Subject to credit review and approval. All other terms and conditions apply. Offer does not apply to refinancing of existing ChoiceOne Bank loans. APR based on minimum of $20,000 loan with 60 monthly payments of $359.83. Combined loan to value ratio must be 80 percent or less. Rate applies to home equity loans $20,000 up to $100,000 with a maximum of 60 month term. Consult a tax advisor regarding the deductibility of interest. Check with your local ChoiceOne Bank representative for more information.

Home Equity Line of Credit Rates

INTEREST
As low as
APR
Variable Term3.50%3.50%

Loans are subject to credit review and approval.  Home Equity Line of Credit APR is available for well qualified applicants for variable-rate home equity lines of credit of $50,000 or greater.  Your APR may be higher and will be based on the variable-rate index value in effect at the time of account opening, your credit qualifications, the amount of the line of credit, loan-to-value ratio, and type of property.  No annual fee for first year, then $50 per year.  Processing fee of $199 may be applicable. Rate not to exceed 18.00%. Consult a tax advisor regarding the deductibility of interest.