Home Equity Solutions

Unlock your home's value for renovations, consolidation, or major purchases. Up to 90% of home's value.
Meet the Team

Finance Home Improvements Your Way

Whether you're buying a house with renovation potential or tapping into existing equity, 3Rivers offers home equity solutions designed around your goals.

A couple looking something up on their laptop

Home Equity Line of Credit (HELOC)

  • Borrow up to 90% of your home's value minus existing mortgage balance 
  • Flexible payment options with adjustable rate structure for budget planning 
  • Flexible terms available of 5 or 10 years based on your needs 
  • Primary residences and second or vacation homes qualify for financing 
  • Typically lower interest compared to credit cards for smarter debt management 
Apply Now
Midwest vacation home.

Fixed Home Equity

  • Borrow up to 90% of your home's value minus existing mortgage balance
  • Fixed home equity terms of various lengths available
  • Primary residences and second or vacation homes qualify for financing
  • Ideal for consolidating higher interest rate debt
Apply Now

Second Mortgage

Disclaimer
1APR=Annual Percentage Rate. All rates advertised are based upon borrowers qualifications. Rate for Variable Rate Home Equity LOC and Interest Only Home Equity LOC is based on prime (index), as published in the Wall Street Journal, plus a margin. Index plus margin equals the Interest Rate. Current prime is 6.75%. Interest rate will never be less than 3% nor greater than 18%.

All home lending products are subject to credit and property approval. Rates, program terms and conditions are subject to change without notice. Not all products are available in all states. Other restrictions and limitations apply. Our Home Equity loan products may not be used to purchase the property being used as collateral. With home equity loans, depending on how the loan proceeds are used, you may be able to deduct the interest you pay. The interest you pay on credit cards and other types of personal loans is generally not tax-deductible. Consult your tax advisor about the deductibility of interest.

Rate for Interest Only Home Equity LOC is based on prime (index), as published in the Wall Street Journal on the last day of the month, plus a margin. Index plus margin equals the Interest Rate. Current prime is 6.75%. Interest rate will never be less than 3% nor greater than 18%.

Closed End Second Mortgage Loans: Available loan terms vary based on loan amount.

Payment Examples:
Closed End Real Estate – 120 months @ 8.00% your payment will roughly be $12.13 monthly per $1,000 borrowed.

The APR has been calculated using the minimum loan amount and the maximum term listed. Your APR will vary depending on the loan amount, interest rate & loan term.
Second Mortgage Loan Amount Term1 Rate APR1
Interest Only Home Equity LOC $10,000 - $100,000 5 year draw period. Monthly payment will be all accrued yet unpaid finance charges due. as low as 8.50% 9.552%
Closed End Second Mortgage 60 $10,000 - $100,000 60 months as low as 6.75% 7.785%
Closed End Second Mortgage 120 $20,000 - $100,000 120 months as low as 7.75% 8.034%
Closed End Second Mortgage 180 $50,000 - $100,000 180 months as low as 8.25% 8.333%
Variable Rate Home Equity LOC $10,000 - $100,000 10 year draw period, payments are 1.25% of outstanding balance. as low as 7.00% 7.557%
Get Answers to Your Equity Questions

Common Questions About Home Equity Financing

Learn how home equity solutions work and discover which option best fits your renovation goals or funding priorities.
What's the difference between a HELOC and a fixed home equity loan?
A HELOC provides revolving credit you can access repeatedly during the draw period, paying interest only on amounts borrowed. A fixed home equity loan provides a one-time lump sum with fixed payments.
Can I use a Fixed Home Equity for debt consolidation?
Yes. Fixed home equity loans typically offer lower interest than credit cards or personal loans, making them effective for consolidating higher-rate debt into one manageable payment with potential savings.
How much home equity can I access with a 3Rivers HELOC?
You can typically borrow up to 90% of your home's appraised value minus your existing mortgage balance. Exact amounts depend on credit history, income verification, and property evaluation.
How can I use my Home Equity Line of Credit (HELOC)?
HELOCs offer flexible funding for home renovations, debt consolidation, education expenses, medical costs, wedding expenses, or emergency reserves. Access funds as needed during your draw period.
What's the difference between a Remodel Loan and a HELOC?
A Remodel Loan combines home purchase and renovation financing into one loan with one closing. A HELOC provides revolving credit access to existing home equity for various expenses over time.

Want to talk about your HELOC options?

Contact us today to discuss your options with one of our experienced team members.
Contact Team

Explore More 3Rivers Mortgage Options

Related Home Financing Products & Resources

Complement your home equity solution with these mortgage products and resources to help you reach your housing goals.
Home Insurance from 3Rivers Member Insurance

Protect Your Home Investment

Your home is your biggest asset. Protect it with comprehensive coverage that gives you peace of mind and keeps your equity investment secure.
Get a Quote

Get in Touch

Connect with us however works best for you! We're here to answer questions and help you reach your financial goals.

Call Us

Reach our knowledgeable team anytime.
Call Now

Visit a Branch

Stop by any of our 24+ locations.
Find Locations

Schedule an Appointment

Book a meeting in-person, over-the-phone, or virtually.
Schedule Now
Disclaimer
1APR=Annual Percentage Rate. All rates advertised are based upon borrowers qualifications. Rate for Variable Rate Home Equity LOC and Interest Only Home Equity LOC is based on prime (index), as published in the Wall Street Journal, plus a margin. Index plus margin equals the Interest Rate. Current prime is 6.75%. Interest rate will never be less than 3% nor greater than 18%.

All home lending products are subject to credit and property approval. Rates, program terms and conditions are subject to change without notice. Not all products are available in all states. Other restrictions and limitations apply. Our Home Equity loan products may not be used to purchase the property being used as collateral. With home equity loans, depending on how the loan proceeds are used, you may be able to deduct the interest you pay. The interest you pay on credit cards and other types of personal loans is generally not tax-deductible. Consult your tax advisor about the deductibility of interest.

Rate for Interest Only Home Equity LOC is based on prime (index), as published in the Wall Street Journal on the last day of the month, plus a margin. Index plus margin equals the Interest Rate. Current prime is 6.75%. Interest rate will never be less than 3% nor greater than 18%.

Closed End Second Mortgage Loans: Available loan terms vary based on loan amount.

Payment Examples:
Closed End Real Estate – 120 months @ 8.00% your payment will roughly be $12.13 monthly per $1,000 borrowed.

The APR has been calculated using the minimum loan amount and the maximum term listed. Your APR will vary depending on the loan amount, interest rate & loan term.