HOME EQUITY LENDING

Prequalify in minutes1

With a few facts about your home and your financial picture, we can quickly show you personalized rates and amounts for a home equity loan2 or line of credit.3

  • You’ll need a FICO Score of 660 or higher, sufficient home equity and a qualifying debt-to-income ratio.
  • You’ll choose the amount of credit you’re looking for and provide basic employment and income info.
  • When you submit your prequalification, we’ll do a soft credit check. This will not affect your credit score.

HOME EQUITY LOAN AND LINE OF CREDIT

Let’s get you prequalified, 1,2,3

Give us some basic information about your home, current mortgage and income, and we’ll show you loan and line of credit offers tailored to your specific situation.

You’ll need a FICO Score of 660 or higher, sufficient home equity and a manageable debt-to-income ratio. Prequalification involves a soft credit pull, which will not impact your credit score.

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Disclosures

Loan approval is subject to credit approval and program guidelines. Not all loan programs are available in all states for all loan amounts. Interest rate and program terms are subject to change without notice. Mortgage, Home Equity and Credit products are offered through U.S. Bank National Association. Deposit products are offered through U.S. Bank National Association. Member FDIC.

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  1. Annual percentage rate (APR) represents the true yearly cost of your loan, including any fees or costs in addition to the actual interest you pay to the lender. The APR may be increased after the closing date for adjustable-rate mortgage (ARM) loans.

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The rates shown above are the current rates for the purchase of a single-family primary residence based on a 45-day lock period. These rates are not guaranteed and are subject to change. This is not a credit decision or a commitment to lend. Your final rate will depend on various factors including loan product, loan size, credit profile, property value, geographic location, occupancy and other factors.

To lock a rate, you must submit an application to U.S. Bank and receive confirmation from a mortgage loan officer that your rate is locked. An application can be made by calling 888-291-2334, by starting it online or by meeting with a mortgage loan officer.

Minnesota properties: To guarantee a rate, you must receive written confirmation as required by Minnesota Statute 47.206. This statement of current loan terms and conditions is not an offer to enter into an interest rate or discount point agreement. Any such offer may be made only pursuant to subdivisions 3 and 4 of Minnesota Statutes Section 47.206.