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South State Banking locations and Customer Care will be closed on Monday, May 28 in observance of the Memorial Day holiday and will reopen on Tuesday, May 29.

Home Equity Line
of Credit

Use the equity you've built in your home for major purchases, repairs and renovations.

Introductory 2.74% APR* for 12 months, as low as 4.75% APR (PRIME+0) thereafter1

A Home Equity Line of Credit (HELOC) is a revolving line of credit3 secured by your home, allowing you to access the available equity you have in your home. The amount you borrow is based on the difference between the debt secured by your home and its market value.

With an equity line, you can borrow as much or as little as you need, whenever you need it, up to a credit limit established at closing. As you repay your outstanding balance, the amount of available credit is replenished, which means you can borrow against it again, if needed.

Consider the benefits:

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    Interest rates are typically lower than credit cards or personal loans
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    Higher credit limits than credit cards or personal loans
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    Easy access through convenience checks and online or mobile transfers
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    Interest paid may be tax deductible2
  • Contact a Banker

    If you are interested in learning more about our loan programs, simply complete the form below, and one of our experienced lenders will contact you regarding your loan needs.
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A few ways to put the equity in your home to good use:
  • Renovate
  • Consolidate Debt
  • Major Purchases
Renovate

Renovate Your Home

As a homeowner, you can tap into the equity you’ve built with a revolving line of credit. We provide easy access to your account through online convenience, checks and transfers, and automatic payments can be deducted from your checking account.

  • Minimum of $10,000
  • Interest paid may be tax-deductible2
  • Variable rate
Consolidate Debt

Consolidate Debt

If you are working to pay off multiple debts, using the equity in your home could be a good option to help you consolidate your payments. Especially if your other debts – like student loans and credit cards – have a higher interest rate. Using a Home Equity Line of Credit to consolidate your debt could help you save on the amount of interest you pay and help you simplify your payments into one.

Major Purchases

Major Purchases

If you have built up equity in your home, you can use it to help you with life’s big purchases, like new cars, vacations, or an unexpected emergency. With a Home Equity Line of Credit, you can use the equity you’ve built in your home to help you.

You're one step closer to achieving your goals Apply Now