Skip Navigation

Enabling cookies instructions

Select Region/Language


Top

Invalid ZIP Code

 

The ZIP code entered " " is not recognized.
Please enter a valid ZIP code.

 

Okay

Introductory rates for a home equity line of credit begin at APR, with a APR after months.1 Apply now

Special intro rates available.1 Apply now


Make the most of your home equity

 

Let’s put your home to work for you. Tell us what you need and we’ll have a BMO Harris Banker get in touch to help you find the home equity loan or line of credit that’s right for you.

 

If you’d rather chat in person, make an appointment or find a BMO Harris branch near you.

 

*mandatory fields


We can help you*

 

 

 

 

 

 

 

Contact information

 

 

 

 

 

Preferred method of contact

 

 

 

 

 

 

 

Are you a BMO Harris Bank Customer?

 

 

 

The information you provided above will be used in accordance with the terms of our Privacy Policy.

1. Special offers are subject to change.

Costs and Fees:

The introductory rate offer is available on applications received from 3/1/2019 through 5/31/2019 and is subject to change. The introductory rate is fixed during the introductory period. No customer or other discounts are available during the introductory period. Depending on individual credit qualifications, collateral location and combined loan to value ratio, the introductory rate ranges from 2.79% APR to 3.79% APR for 6 months and 3.49% APR to 4.49% APR for 12 months.

Variable Rate Information

For a Home Equity Line of Credit, the annual percentage rate (APR) is a variable rate based on The Wall Street Journal® Prime Rate (5.50% on 05/01/2019) plus a margin that varies depending on the state in which property is located, individual credit qualifications, credit limit amount, combined loan to value ratio and other criteria. The maximum APR is 18.00% or the maximum permitted by law, whichever is less.

In AZ, your APR would be from 5.99% to 9.94%. If you have Auto Pay as described below, you may receive a 0.25% rate discount and your APR would be from 5.74% to 9.69%.

In FL, your APR would be from 5.45% to 9.94%. If you have Auto Pay as described below, you may receive a 0.25% rate discount and your APR would be from 5.20% to 9.69%.

In IL, your APR would be from 5.45% to 9.94%. If you have Auto Pay as described below, you may receive a 0.25% rate discount and your APR would be from 5.20% to 9.69%.

In IN, your APR would be from 5.45% to 9.94%. If you have Auto Pay as described below, you may receive a 0.25% rate discount and your APR would be from 5.20% to 9.69%.

In KS, your APR would be from 5.79% to 9.94%. If you have Auto Pay as described below, you may receive a 0.25% rate discount and your APR would be from 5.54% to 9.69%.

In MO, your APR would be from 5.79% to 9.94%. If you have Auto Pay as described below, you may receive a 0.25% rate discount and your APR would be from 5.54% to 9.69%.

In MN, your APR would be from 5.89% to 9.69%. If you have Auto Pay as described below, you may receive a 0.25% rate discount and your APR would be from 5.64% to 9.44%.

In WI, your APR would be from 5.45% to 9.94%. If you have Auto Pay as described below, you may receive a 0.25% rate discount and your APR would be from 5.20% to 9.69%.

Please contact a banker for current rate information.

To receive a 0.25% rate discount you must authorize BMO Harris Bank to withdraw your home equity line of credit payment each month from a BMO Harris eligible checking account: BMO Harris Smart Money™ Account, BMO Harris Smart Advantage™ Account, BMO Harris Select Checking®, BMO Harris Premier™ Account or BMO Harris Portfolio Checking®.

Closing Costs and Fee Information

BMO Harris will pay closing costs for loans secured by an owner-occupied 1 to 4 family residence in: AZ, FL, IL, IN, KS, MN, MO or WI. Closing costs include: appraisal charges, credit report, flood determination, title insurance and document recording fees. You will be charged a $75 annual fee on the opening date and each year after through the ninth anniversary of loan opening. You may also be required to pay real estate taxes and items such as prior lien release fees. If the property is located in FL or MN, you are responsible for mortgage and government taxes. If you close your account within 36 months, a closing cost recoupment fee may be charged to recover the closing costs we paid on your behalf.

Insurance Information

You must obtain property insurance and may be required to obtain flood insurance.