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Home Equity Line of Credit
Get the funds
to get it done.

Variable Rate as Low as:3.25%APR1with first lien,
$200,000 credit line.

Home Equity Line of Credit background image

Home Equity Line of Credit
Get the funds
to get it done.

Variable Rate as Low as:3.50%APR1with first lien,
$200,000 credit line.


Above rates are valid with automatic payment from any Santander® checking account.

Home Equity Line of Credit background image

Home Equity Line of Credit
Get the funds
to get it done.

Choose your state
for more information.

When you need funds fast, a Santander Home Equity Line of Credit is:


  • No minimum-draw requirement to receive the best rate.
  • No application fee, no appraisal fee, and no closing costs.1


  • A ready source of funds for unexpected expenses.
  • Access funds as you need them by check or online, up to your available credit limit.
  • Choice of interest-only or principal and interest payments.
  • Fixed-Rate Lock Option on outstanding balances.1

Budget friendly

  • Ability to reuse as you repay, and you only pay interest on the amount you use.
  • The interest you pay may be tax deductible.2
  • Enjoy a rate discount when you set up automatic payment from any Santander checking account.1

Reasons for a Home Equity Line of Credit:

Ready to remodel your kitchen, or pay for large or unexpected expenses? See how a Home Equity Line of Credit can help make it happen. Apply now.

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Unexpected expenses

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Home improvements

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Debt consolidation

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Now with EZApply® - The fastest and simplest way to apply and close on a Santander Home Equity Line of Credit.

Bank how and when you like.

Over 500 branches and more than 2,000 Santander ATMs across the Northeast, including in many CVS Pharmacy® locations. Also, with Santander Online Banking and our Mobile Banking App, you can bank digitally and securely anywhere, any time.

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Strength & experience

Founded in Spain more than 150 years ago, Banco Santander is one of the largest and most respected financial institutions in the world. Here in the U.S., Santander Bank, N.A. is proud to be a federally chartered national bank and a member FDIC.

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Products & services

With checking, savings, money market accounts, credit cards, mortgages, home equity lines of credit, personal loans and lines of credit, small business banking, and investment guidance, we’re here to help get you where you want to be—financially.

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A personal touch

We’re here to listen and help you make sense of your options so you can choose the accounts and services that fit your life. We want you to prosper. That's why we treat you and your money with respect.

1Rates: The Home Equity Line of Credit (Line) Variable Annual Percentage Rate (APR), is based on the U.S. Prime Rate published in TheWall Street Journal (Prime) (3.25% as of  ). We offer variable APRs with automatic payments from a Santander consumer checking account from Prime (currently 3.25% APR) to Prime plus 3.75 percentage points (currently 7.00% APR), but if your property is located in NY, FL, or MD, the available variable APRs range from Prime plus 0.25 percentage points (currently 3.50% APR) to Prime plus 4.00 percentage points (currently 7.25%), although the APR will never be less than 2.24%. The variable APR you receive will depend on the following factors: amount of credit limit received, lien position, state of the pledged property, your credit score and ePay election. If ePay is discontinued, the APR will increase by 0.25 percentage points. Variable APRs may change each billing cycle if Prime changes. The Line must be a first or second lien, secured by your 1-4 family primary residence (excluding mobile homes and co-ops) located in MA, RI, CT, NH, NJ, PA, DE, ME, VT, NY, FL, MD, or DC, and total mortgage loans to be secured by the property must not exceed 80% (75% maximum in FL) of the property’s value. Line amount must be between $10,000 and $750,000. The APR will never be higher than 18.00%. Fees: There is a $450 termination fee if you close the Line within the first 36 months of account opening. If your property is located in NY, FL or MD, the Bank will pay the mortgage tax at closing on your behalf; however, it must be reimbursed if the Line is closed within 36 months of account opening. Any annual fee will be charged in the 13th month after you open the Account and in the same billing cycle of each following year during the Draw Period. The amount of the annual fee will be $50, which may be discounted or waived based on the type of deposit account you have with Santander Bank at the time the fee is assessed. Fixed-Rate Lock: Balances you choose to lock in with the Fixed-Rate Lock option must be repaid in equal monthly payments of both principal and interest. Fixed rate and repayment terms will be determined at the time the fixed rate lock is established. General Information: A $175 fee applies if your property is held in trust. Property insurance is required. Flood insurance may be required. Rates and terms are accurate as of   and are subject to change without notice. Lines subject to approval.

2Consult a tax advisor.

Equal Housing Lender logo Equal Housing Lender. Santander Bank, N.A. is a Member FDIC and a wholly owned subsidiary of Banco Santander, S.A. ©  Santander Bank, N.A. All rights reserved. Santander, Santander Bank and the Flame Logo are registered trademarks of Banco Santander, S.A. or its subsidiaries in the United States or other countries. All other trademarks are the property of their respective owners.