Get a HELOC Rate as low as 6.75%* and $0 Origination Fees
Farmers Bank of Kansas City and Creative Planning combine lending expertise and financial insight to help you make smarter decisions with your home equity.
- Transparent pricing
- Streamlined application
- Flexible access to your equity
*Rates and terms are subject to change without notice. All offers of credit are subject to credit approval requirements and applicants may be offered credit at higher rates and other terms. Loan-to-Value (LTV) and/or Combined LTV (CLTV) restrictions apply. The 6.75% interest rate stated above assumes opening and maintaining a Famers Bank of Kansas City deposit account; the extension of credit is not conditioned on opening a deposit account. This rate is variable. A 6.75% interest rate would be a 6.75% Annual Percentage Rate, which includes finance charges of up to $1,295. Finance charges and costs to open the line of credit may vary, primarily due to geographic location of the collateral property.
Today's Home Equity Rates
Your home isn't just where you live, it's one of your largest financial assets.
With Farmers Bank of Kansas City you could be able to access up to 100% of your homes value. Plus, a special discounted rate of only $397.50 origination fee for Creative Planning clients.
- Secure process
- No credit check required to see rates
- 100% of your data stays private.
HELOC vs Home Equity Loan:
What’s the Difference?
HELOC
- Revolving credit line
- Variable rates
- Flexible usage
Home Equity Loan
- Lump sum
- Fixed rates
- Best for one-time expenses
Farmers Program Information
Owner Occupied
- Up to 100% CLTV financing available
- Up to 350k loan/line amount w/AVM (max CLTV 95%)
- Up to 250k loan/line amount w/AVM (max CLTV 100%)
- Programs available – HELOCs and HE Loans up to 30 years
- Loan/Line amounts greater than 350k require full apprasial
- Up to $1MM loan/line amounts – state and property restrictions apply
- Can provide options on credit scores as low as 640 w/restrictions
Second Home
- CLTV as high as 85% (state and credit restrictions may apply)
- 75% draw required on HELOCs
- Up to 30 yr terms on fixed and HELOCs
- Loan amount up to $1MM – state restrictions will appply
Investment Properties
- CLTV as high as 80%
- 75% draw required on HELOCs
- Up to 30 yr term on fixed & HELOC
- Loan amount up to $1MM – state and CLTV restrictions will apply
Closing Costs
-
Origination Fees: $397.50 – 50% Discount for Creative Planning Clients from $795
-
Closing Costs: Closing Fees range from $0-$3000 depending upon product, state and loan size.
-
You’re not a number. You’re our priority.
Ready to take the next step? We’ll guide you through the loan process with clarity, honesty, and genuine support.