Home equity line of credit

Use the equity in your home to finance a remodel, vacation, college costs or other big purchase with flexible payment options. We'll take 0.25% off the rate with autopay from an Umpqua deposit account.

account details

  • Line of credit of $5,000 or more
  • Variable interest rate with optional Lock-in feature
  • 10-year draw period followed by 15-year repayment period
  • No origination fee
  • $75 annual fee
  • $50 minimum monthly payment (see below for details)
  • Collateral of primary residences only
  • Lock in term: 1 to 15 years based on lock-in amount
  • Advance funds through Visa® point-of-sale access card, checks, in-store advance, transfer via online banking and telephone transfer
  • Early closure penalty of 2% of the balance or $500, whichever is less, if paid in full and closed within the first 3 years
  • 0.25% rate discount with autopay from Umpqua deposit account
  • We pay standard closing costs on loans less than $250,000 (appraisals requested by homeowners not included)

rate details

for zip code
Product rates
LTV Amount Variable interest APR
Up to 80% $5,000 - $150,000 Index + 0.25% to Index + 2.25% 4.00% - 5.50%
Up to 75% $150,001 - $250,000 Index + 0.50% to Index + 2.50% 4.00% - 5.75%
Questions? Call us at 1-866-790-2121.


Interest Rate

Rates shown are effective as of 4/1/2014. The variable Interest Rate and corresponding Annual Percentage Rate (APR) are based on the Wall Street Journal Prime Rate (the "Index") plus a margin. The margin is determined based on the amount of the approved credit line and Bank evaluation of the borrower's credit score and credit history. Minimum APR: 4.00%.  Maximum APR: 18%. Rates are subject to change monthly based on changes in the value of the Index.

Credit approval

All accounts subject to credit approval. 

Advance funds

Available through Visa point of sale access card,  checks, in-store advance, online banking or telephone transfer. Minimum draw of $100.

Insurance requirement

Property insurance required; flood insurance is also required if the property is in a special flood hazard area.

Lock-In feature

You can convert or "lock in" all or a portion of your outstanding balance to a fixed rate with a fixed minimum monthly loan payment that will pay off the locked in balance by the end of the loan term.   As you pay down your "locked in" principal balance, your available balance is replenished for additional use at the variable interest rate. You can have as many as 3 individual "Lock Ins" on your line at any time and you still have one minimum monthly payment. Each "lock in" is subject to a fee of $50.00. Each time you "lock in", your minimum monthly payment will be adjusted to include principal and interest in an amount sufficient to pay back that new locked loan balance at the new locked rate.  At no time will the minimum monthly payment amount be below $50.00. 

Amount that you may lock in

$5,000 up to available credit line limit

Advance less than minimum amount fee

$20 per item


Primary residences only. No second homes, vacation homes, manufactured homes or rental properties.

Late payment fee

CA: Greater of $5 or 5% of any minimum payment not paid within 10 days after due date.  NV, OR & WA: 5% of any minimum payment not paid within 15 days after due date.

Minimum monthly payment

Interest only monthly payments for 10-year draw period followed by fully amortized principal and interest payments for the 15-year repayment period; payment amount will vary as rates change. There is a $50 minimum monthly payment requirement. Lock-in requests have a fixed monthly payment amount of principal and interest, fully amortized for the term of each lock-in portion.

Other possible fees for zip code 97205

open account

Call us at 1-866-790-2121


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