Put Your Equity to Work With a Rate as Low as 6.75% APR*
Access the equity in your home with flexible borrowing, incredibly competitive pricing, and a special 0.50% relationship rate discount from Farmers Bank of Kansas City.
- ✓ Receive a 0.50% relationship rate discount
- ✓ Borrow only what you need, when you need it
- ✓ Reuse available credit as principal is repaid
- ✓ Fast, convenient online application process
Flexible funds for the projects, plans, and expenses that matter
A home equity line of credit gives you access to revolving credit secured by the equity in your home. Use what you need, pay down your balance, and access available funds again during the applicable draw period.
Home improvements
Finance renovations, repairs, a new roof, updated kitchen, finished basement, or other improvements to your home.
Debt consolidation
Consolidate qualifying higher-interest balances into one potentially more manageable monthly payment.
Major expenses
Access funds for tuition, medical costs, emergencies, large purchases, or other significant financial needs.
Save 0.50% on your HELOC rate
Open and maintain a Farmers Bank of Kansas City checking account and enroll in automatic HELOC payments from that account to receive the promotional relationship rate discount.
- ✓ Open and maintain an eligible Farmers Bank of Kansas City checking account
- ✓ Enroll in automatic HELOC payments from the Farmers Bank checking account
- ✓ Receive a 0.50 percentage-point relationship discount on the applicable rate
The extension of credit is not conditioned on opening a deposit account. See full disclosure below.
See how much equity you’ve built
Enter your estimated home value and current balances to estimate your equity and potential available borrowing amount.
What your home would likely sell for today.
The estimated payoff amount on your current mortgage.
Any existing HELOC, home equity loan, or second mortgage balance.
*Calculator results are estimates for illustration only and are not a loan offer, approval, appraisal, or guarantee of available credit. Actual eligibility and maximum credit line depend on credit approval, property value, location, existing liens, income, loan program, and applicable LTV or CLTV restrictions.
A smarter way to access your home’s equity
Competitive pricing
Take advantage of promotional pricing and a potential relationship discount designed to help you save.
Borrow as needed
Access available funds when needed instead of receiving the full approved amount all at once.
Reusable credit
As principal is repaid, available credit may replenish during the applicable draw period.
Convenient process
Begin online and receive guidance from a team experienced in home equity financing.
How a HELOC works
A HELOC is a revolving line of credit secured by your home. Your approved credit limit is generally based on factors including property value, existing mortgage balances, credit profile, income, and applicable lending guidelines.
- ✓ Draw funds as eligible expenses arise
- ✓ Pay interest on the outstanding balance
- ✓ Repay and potentially reuse available credit
- ✓ Variable interest rate may change over time
Access your equity without replacing your first mortgage
A HELOC may allow you to access available equity while keeping your current first mortgage in place. That can be especially helpful for homeowners who want additional borrowing flexibility without refinancing their entire existing mortgage balance.
Because a HELOC is secured by your home and generally carries a variable rate, it is important to consider payment changes, total borrowing costs, and your ability to repay before opening a line of credit.
Explore My HELOC OptionsPromotional HELOC FAQs
What is a home equity line of credit?
A home equity line of credit, or HELOC, is a revolving line of credit secured by the equity in your home. You can generally draw funds as needed, repay the balance, and reuse available credit during the applicable draw period.
How does the 0.50% relationship rate discount work?
To receive the promotional relationship discount, you must open and maintain an eligible Farmers Bank of Kansas City checking account and make automatic HELOC payments from that account. The extension of credit is not conditioned on opening a deposit account.
Is the 6.75% APR fixed or variable?
The promotional 6.75% APR is variable, which means the interest rate and payment may change over time. Rates, terms, and availability are subject to change.
How much can I borrow with a HELOC?
The amount may depend on your property value, existing mortgage and lien balances, credit profile, income, location, and applicable loan-to-value or combined loan-to-value restrictions.
What can I use HELOC funds for?
HELOC funds may be used for eligible purposes such as home improvements, debt consolidation, education costs, major purchases, medical expenses, or unexpected expenses. Consider the risks of using your home as collateral before borrowing.
Do I have to use the full credit line?
No. A HELOC generally allows you to draw only the amount you need, subject to your available credit and the terms of the account.
Will opening a Farmers Bank checking account guarantee the promotional rate?
No. All offers of credit are subject to credit approval and applicable program requirements. Applicants may be offered credit at higher rates or on different terms. The deposit relationship is one assumption used for the advertised promotional rate.
Ready to put your home equity to work?
Check your options for a promotional Home Equity Line of Credit with a rate as low as 6.75% APR and a potential 0.50% Farmers Bank relationship discount.
Check My HELOC RateImportant rate and offer disclosure
*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 on other terms. Loan-to-Value (LTV) and/or Combined Loan-to-Value (CLTV) restrictions apply. The 6.75% interest rate stated above assumes opening and maintaining a Farmers Bank of Kansas City deposit account and enrolling in automatic payments from that account; however, the extension of credit is not conditioned on opening a deposit account. This rate is variable. A 6.75% interest rate would be a 6.750% 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 the geographic location of the collateral property.