Home Equity Loans

Apply online to get started.

You've got big plans. KeyBank can help you attain them with a home equity loan. Our loans let you to borrow against the equity in your home with a fixed rate and term. So, go ahead and plan. We'll help make sure you have the money you need.

Overview

Combined Loan to Value (CLTV)

Up to 80% CLTV1

Loan Amount

$25,000 to $500,000

Interest Rate

Fixed

Term

Five to 30 years2

Manage in Online Banking

Yes

Client Discount

.25% interest rate discount for qualifying KeyBank clients

Features

  • Get a .25% interest rate discount when you have a KeyBank checking and KeyBank savings account
  • Fixed rate, one-time distribution loan
  • Borrow up to 80% of your home’s appraised value across the combined balances of all loans1
  • Interest paid may be tax-deductible3

Home Equity Loan

Up to 80% Combined Loan-to-Value1

NOTICE: This is not a commitment to lend or extend credit. Conditions and restrictions may apply. All home lending products, including mortgage, home equity loans and home equity lines of credit, are subject to credit and collateral approval. Not all home lending products are available in all states. Hazard insurance and, if applicable, flood insurance are required on collateral property. Actual rates, fees, and terms are based on those offered as of the date of application and are subject to change without notice.

To apply for a home equity loan, you must:

  • Be 18 years of age or older
  • Live within the following states: AK, CO, CT, ID, IN, MA, ME, MI, NY, OH, OR, PA, UT, VT, or WA
  • Agree to provide additional personal and business information, if requested, such as tax returns and financial statements
  • Certify that all information submitted in the application is true and correct
  • Authorize the bank and or a credit bureau to investigate the information on the application

Please read our Disclosures. If you applied for your credit account online within the last 90 days, you may also review the original disclosures provided to you.

1

Loan-to-value ratios apply only to loans secured by owner-occupied real estate.

2

Subject to credit approval. The APRs listed in the "Rates and Fees" links above include a $295.00 origination fee. Certain loan amounts may require borrower to pay title insurance premiums. Please review your loan documentation for details. Loans in certain designated states pay mortgage tax and mortgage taxes and documentary stamps. Typical loan payment examples are as follows: If you borrow $25,000 secured by an owner-occupied home, for 120 months at 4.33% APR, the monthly payment would be $257.05 or if you borrow $50,000 secured by an owner-occupied home, for 240 months at 4.20% APR, the monthly payment would be $308.29. Non-owner-occupied financing is also available. Ask us for details. Actual rates, APRs, fees, payment amounts and terms are based on loan-to-value (LTV), product, term, loan amount and credit qualifications. Rates are subject to change without notice and are determined from those offered as of the date of application.

Reimbursement of Lender Paid Costs: If you voluntarily prepay your loan in full and terminate your account within 36 months after you sign the note, you will reimburse Key for bona fide fees it paid to third parties on your behalf in connection with the opening of your account. These fees may include costs of appraisal, title, and flood certification fee and, where applicable, mortgage tax. These fees are shown as itemized estimates on your loan estimate provided to you within three (3) days of your application, as final itemized amounts on your closing disclosure sent to you at the time of final loan approval and as itemized amounts in your fixed rate note. This provision will not apply to the exercise of any applicable right to cancel or rescind under the Federal Truth in Lending Act or Regulation Z, or if the term of the loan is 36 months or less.

3

Consult your tax advisor regarding the deductibility of interest.

NMLS# 399797

Home Loans & Lines

get a .25% interest rate reduction, just for KeyBank clients.

counting money

Home Ownership

what is home equity? choosing a home equity loan or a HELOC.

Couple working with a home equity advisor

Debt Consolidation

paying off debt is doable with these options and offers.

laughing on the couch

Call Us

1-888-KEY-0018

Clients using a TDD/TTY device:
1-800-539-8336

Clients using a relay service:
1-866-821-9126

Schedule and Appointment

Talk to a Branch Manager in your neighborhood.

Schedule an appointment now

Find a Branch or ATM

Contact Us Icon

Call Us

1-888-KEY-0018

Clients using a TDD/TTY device:
1-800-539-8336

Clients using a relay service:
1-866-821-9126

Contact Us Icon

Schedule and Appointment

Talk to a Branch Manager in your neighborhood.

Schedule an appointment now