Home Equity
Line of Credit Home Equity
Line of Credit

Home Equity Line of Credit

Make the most out of the equity in your home.

A Blue Hills Bank Home Equity Line of Credit (HELOC)* may be your ticket to financing a home improvement project you’ve been planning, paying your child’s tuition, or even consolidating debt.

A HELOC gives you a flexible source of extra cash – you can withdraw funds on an as-needed basis and pay interest only on what you borrow. Blue Hills Bank HELOCs are available for primary residences, secondary and vacation homes, and condominiums. You’ll get access to the funds you need quickly and affordably so you can get started on your “To-Do” list sooner. A Blue Hills Bank HELOC features:

  • Prime minus 0.25%
  • Lines available for $20,000–$250,000
  • Interest-only payments available
  • A 10-year draw period, followed by 15-year repayment period

Get started today.

For more information about our Home Equity Lines of Credit, call 800.361.6903.


*Annual Percentage Rate (APR) effective 3/22/18 and is subject to change. The variable APR with auto payment is Prime minus 0.25% and without auto payment is Prime plus 0.00%. Rate may adjust monthly based on the Wall Street Journal Prime (published weekly), which is 4.75% as of 3/22/18. The maximum APR is 18.00%. The term is based on a 10-year draw period and a 15-year repayment period. Maximum LTV is 80%. Maximum LTV for a condominium is 70%. An early termination fee of $200 applies when a home equity line of credit is paid off and closed within three years. Trust review fee of $175 applies for properties held in trust. $50 annual fee assessed during draw period is waived the first year and waived thereafter with a Blue Hills Bank checking account. Subject to credit approval. Other fees, terms and conditions may apply. Consult a tax advisor for information regarding the deductibility of interest and charges. NMLS #421868.