Smart HELOC
A home equity line that opens with a fixed introductory rate, so your first payments are predictable before the variable rate begins.
Rates change. See Current Rates for today’s figures.
What Makes Smart HELOC Different
A Smart HELOC works like a standard home equity line of credit, with one difference at the start. The rate is fixed for an introductory period, so early payments do not move. When that period ends the rate becomes variable, like any other HELOC.
What You Should Know
Fixed Introductory Rate
The rate is fixed for an introductory period at the start of the line.
Then Variable
After the introductory period the rate becomes variable and the payment can change.
Draw as You Need
Like any HELOC, you draw what you need rather than taking a lump sum.
Secured by Your Home
Your home is the collateral. Missing payments puts it at risk.
What to Have Ready
The same as a standard HELOC. A Waypoint lender will look at your equity, your income, and your credit, and explain how the introductory period works before you sign anything.
- A recent mortgage statement
- Proof of income
- An idea of what the home is worth
Current Rates
Smart HELOC
As low as
4.99%APR²
Fixed Rate Home Equity
As low as
5.74%APR²
HELOC
As low as
6.25%APR²
Land Loans
As low as
7.00%APR²
APR = Annual Percentage Rate. Rates effective 16 September 2026 and subject to change without notice. Your APR may differ based on credit history, term, and loan to value. Not all applicants will qualify for the lowest rate. Equal Housing Lender. NMLS #404962.
Apply for a Home Equity LoanView all home equity rates and terms
| Loan Type | Rate As Low As | APR | Maximum Term (Months) |
|---|---|---|---|
| Fixed Rate Home Equity | 5.74% | 5.740% | 60 |
| Fixed Rate Home Equity | 5.99% | 5.990% | 84 |
| Fixed Rate Home Equity | 5.99% | 5.990% | 120 |
| Fixed Rate Home Equity | 6.25% | 6.250% | 180 |
| Fixed Rate Home Equity | 6.50% | 6.500% | 240 |
| Smart HELOC (6-month introductory rate) | 4.99% | 4.990% | 120 or 180 |
| Smart HELOC (12-month introductory rate) | 5.49% | 5.490% | 120 or 180 |
| Smart HELOC (24-month introductory rate) | 5.99% | 5.990% | 120 or 180 |
| HELOC | 6.25% | 6.250% | 120 or 180 |
| Land Loans | 7.00% to 9.00% | 7.258% to 9.091% | 60 to 240 |
Good to Know
A fixed introductory period
A Smart HELOC fixes the rate for an introductory period first.
Then it works like a standard HELOC
After that period, the two work the same way.
Talk it through with someone who lends here.
Local decisions. No obligation.
A short conversation before you apply tells you what you can realistically borrow and what it will cost. Book a time at any Waypoint branch, or start online and we will pick it up from there.
Important Disclosures
Equal Housing Lender. NMLS #404962.
APR = Annual Percentage Rate. Rates are accurate as of 16 September 2026 and are subject to change without notice. Your APR may differ based on credit history, credit worthiness, collateral year, term of loan, loan to value, and fees that may constitute finance charges. Not all applicants will qualify for the lowest rate. Your actual APR will be included in the initial Truth in Lending disclosure.
Land loan rates range from 7.00% to 9.00%, with an APR of 7.258% to 9.091%, over terms of 60 to 240 months.