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Home Equity Line of Credit

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Home Equity Line of Credit (HELOC)

A Home Equity Line of Credit (HELOC) offers flexible, revolving access to your home’s equity, so you can borrow what you need, when you need it, and only pay interest on what you use. Firstmark’s HELOC has no annual fees and no inactivity fees.

Read our blog – What Is a HELOC? How Can Homeowners Use One?

How a HELOC Works

  • Revolving line of credit secured by your home
  • 10-year draw period with interest-only payment options
  • Borrow, repay, and borrow again—without reapplying
  • Variable rate based on Prime Rate
  • Option to refinance into a fixed-rate home equity loan later

Common Uses

  • Consolidating high-interest debt
  • Financing higher education dreams
  • Dream vacations or an emergency fund
  • Good fit if you want flexibility for future needs, ongoing projects, or unexpected expenses.

Home Equity Line of Credit Gives You Flexibility!

Plan for the unexpected using your home’s equity. HELOCs provide you with a Line of Credit to use for:

  • Renovating your home
  • Taking a family vacation
  • Consolidating high-interest debt
  • Rates as low as 6.625%APR1

Limited Time Offer! Save .50% in closing costs on your HELOC2. This amounts to:

  • $50,000 HELOC would save $250
  • $100,000 HELOC would save $500
  • $200,000 HELOC would save $1,000

 

To apply, give us a call at (210) 442-0199 or visit us at your nearest financial center.

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  1. APR is Annual Percentage Rate. Variable APR based on Prime Rate. Rates and terms are accurate as of 03/3/2026 and are subject to change. Variable APR ranges from 6.625% to 9.875% depending on credit profile and loan to value. APR shown above is based on 1st lien position. Maximum APR is 18%. The minimum credit line is $25,000, and a minimum initial advance of $4,000 is required at closing. Estimated closing costs of $799.00 for a $50,000 HELOC. The property securing the HELOC must be the borrower’s primary residence located in Texas. No Commercial Property or Manufactured Homes. Power of the Dollar® discounts do not apply to HELOCs.
  2. Limited time Home Equity Line of Credit (HELOC) closing credit discount of .50% will be applied at closing as a lender credit. For example, a $50,000 HELOC with a .50% closing credit would save $250 at closing. Offer eligible for HELOC applications received beginning on 03/03/2026 and close within 60 days of application date. Subject to change or end at any time without notice. Other terms and conditions apply. 
  3. The information provided by these calculators is for illustrative purposes only. The default figures shown are hypothetical and may not be applicable to your individual situation. Be sure to consult a financial professional prior to relying on the results. The calculated results are intended for illustrative purposes only and accuracy is not guaranteed.
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We Make The Loan Process Easy

Apply online, schedule an appointment at your nearest branch, or call (210) 442-0199. Our experts are here to help you during the home equity line of credit loan process!

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