Apply Online for a Home Equity Line of Credit

Home Equity Loans & Lines of Credit

Borrowing solutions for homeowners to remodel, repair or whatever you need!
  • Interest may be tax-deductible1
  • NO early payoff fees
  • NO application fees
  • NO bank fees at closing


  Home Equity Loan Home Equity
Line of Credit
Uses
  • Get the full amount you need at once
  • Debt consolidation or major purchase
  • Access funds as you need them
  • Home remodel, wedding expenses
Monthly Payments

Fixed monthly payment

Variable monthly payments

Interest Rate

Fixed rate for life of the loan

Variable rates that follow the market

Term Options

Up to 12 years

10 years

Loan Amount

Up to 90% of the equity in your home

Up to 90% of the equity in your home

Access to Funds

Single, lump-sum payment

Write checks, transfer funds through Online Banking or in a branch as you need money

Tax savings potential1

Yes

Yes

Rate Discounts

0.25% for automatic payments from a Commerce checking or savings account.2

0.25% if refinancing a loan from another lender.2

View special offers

0.25% for automatic payments from a Commerce checking or savings account.2

0.25% if refinancing a loan from another lender.2

Closing Fees

None3

None3

 

Apply Online >

Apply Online >

Disclosures:

  1. Consult with your tax advisor regarding the deductibility of interest.
  2. Subject to credit approval. Rate discounts cannot be combined with any other offer. Mortgages and dealer loans are not eligible to receive these rate discounts. Refinancing discount is limited to one discount per new loan, and does not apply to Commerce credit card or loan account payoffs.
  3. Missouri, Illinois and Colorado residents incur no fees or closing costs. Kansas residents are required to pay state mortgage tax of $1.00 per $1,000 of mortgage filed. Oklahoma residents are required to pay state mortgage tax of no more than $.10 per $100 of mortgage filed; no other fees or closing costs apply.
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