Home Equity Loans

Capitalize on your home's equity to fund opportunities in life.


  Apply Today!

A home equity loan from Brentwood Bank gives you a fixed amount of money—in one lump sum—to fund your next big adventure. Go on vacation, remodel your house, get new appliances, pay off higher rate credit cards, pay for tuition,, or anything else you need.

Details

  • Easy and convenient process
  • No prepayment penalties
  • Loan amount based on your home's value and equity. An appraisal may be required to estimate current home value.
  • Receive in one lump sum; deposited in your account or by check
  • Competitive fixed rates
  • Use to fund whatever you require

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Home Equity Loan Rates

View All Rates
Home Equity Term Loan - 1st Lien
Term

36 Months

Interest Rate

6.750%

Monthly Payment ($50,000 Loan)

$1,538.15

APR*

6.750%

Term

60 Months

Interest Rate

6.750%

Monthly Payment ($50,000 Loan)

$948.17

APR*

6.750%

Term

84 Months

Interest Rate

6.750%

Monthly Payment ($50,000 Loan)

$748.54

APR*

6.750%

Term

120 Months

Interest Rate

7.000%

Monthly Payment ($50,000 Loan)

$580.54

APR*

7.000%

Term

180 Months

Interest Rate

7.000%

Monthly Payment ($50,000 Loan)

$449.41

APR*

7.000%

* The APRs are not available for the refinance of an existing Brentwood Bank loan, line or mortgage.
Home Equity Loan and Lines of Credit must be secured by a one to four family owner-occupied property with a loan to value (LTV) ratio of 89.9% or less.
Property insurance is required and flood insurance may be required.
APRs and monthly payments are based on a $50,000.00 loan.
Payment examples do not include taxes or insurance. Therefore, your actual housing obligation will be greater.
Consult with a tax advisor to determine whether the interest you pay is tax deductible. 
APRs are accurate as of 2/12/2024 and are subject to change without notice. 
Approval is subject to Brentwood Bank underwriting guidelines. 
Appraisal Fee ranging from $330 to $610 may be required.
 
Home Equity Term Loan - Subordinate Lien
Term

36 Months

Interest Rate

6.875%

Monthly Payment ($50,000 Loan)

$1,541.00

APR*

6.875%

Term

60 Months

Interest Rate

6.875%

Monthly Payment ($50,000 Loan)

$987.11

APR*

6.875%

Term

84 Months

Interest Rate

6.875%

Monthly Payment ($50,000 Loan)

$751.58

APR*

6.875%

Term

120 Months

Interest Rate

7.125%

Monthly Payment ($50,000 Loan)

$583.77

APR*

7.125%

Term

180 Months

Interest Rate

7.125%

Monthly Payment ($50,000 Loan)

$452.92

APR*

7.125%

* The APRs are not available for the refinance of an existing Brentwood Bank loan, line or mortgage. 
Home Equity Loan and Lines of Credit must be secured by a one to four family owner-occupied property with a loan to value (LTV) ratio of 89.9% or less. Property insurance is required and flood insurance may be required.
Consult with a tax advisor to determine whether the interest you pay is tax deductible. 
APRs and monthly payments are based on a $50,000.00 loan.
APRs are accurate as of 2/12/2024 and are subject to change without notice. 
Approval is subject to Brentwood Bank underwriting guidelines. Appraisal Fee ranging from $330 to $610 may be required.
 

Tools & Resources

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February 12, 2020

How to Put Your Home Equity to Work for You

A child heading to college. A new roof or driveway. Updating your kitchen or finishing the basement. One way to meet the challenge is by putting the equity in your home to work for you.

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Mortgage Loan Originators

Find a lending specialist who can help get the right mortgage or home equity loan for you.

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Home Loan Toolkit