Home Equity Loans (Fixed Rate/Closed End)

Home Equity Loans are designed to help you use the equity in your home to cover unforeseen needs such as a large home repair as well as planned occurrences such as home improvements, major celebrations, education, and more.

These loans give you a fixed payment and interest rate. You will have the predictability of knowing what the payment is every month for a fixed period of time, which helps with budgeting expenses.

Borrow between $5,000 and $100,000 with terms ranging from 24 months (2 years) to 180 months (15 years). Loans are for combined loan to value (CLTV) under 80% of your home’s value. If you are making home improvements and you wish to borrow more than 80% of your home’s value please visit our direct home improvement lending site.


AmountAnnual Percentage Rate
$25,000 - $100,0005.99%
$15,000 - $24,9996.99%
$5,000 - $14,9997.99%

* Subject to change at any given time.


South Central Bank, N.A. NMLS ID#: 433946

Home equity loans are secured by a mortgage on your primary residence. All loans are subject to satisfactory appraisal, title, insurance, and South Central Bank's internal credit policies. Third party fees ranging from approximately $150.00 to $850.00 covering appraisal, title, etc. are the responsibility of the borrower. Rates subject to change without notice and may be higher than the rate currently offered. The amount of the loan you qualify for depends on your annual gross income and the lendable equity in your home less any debt secured by your home. The purpose of a loan may be restricted by law and South Central Bank policy. A prepayment penalty may apply. Property and flood insurance may be required and other restrictions may apply.