CONSIDERING A Home Equity Line of Credit?1

Now Get Double Your Autopay Discount2

Take advantage of your discounted HELOC rate to consolidate debt. If you use your HELOC to pay off higher interest rate debt, you may save money and have the benefit of a single monthly payment.

Plus, enjoy these great features of your Bank of the West HELOC:

  • 10-year draw period
  • Interest-only payment during the draw period
  • Lines up to $2,000,000
  • Investment properties eligible
  • No closing costs
  • No pre-payment penalty

LIMITED-TIME OFFER: LIMITED-TIME OFFER: When you apply between January 1 and March 31, 2022, you can get a 0.25% rate discount on your HELOC if you set up automatic payments from an eligible Bank of the West checking or savings account. That’s double our regular autopay discount.


Speak with an Equity Specialist

Call 1-844-744-5605
TTY 1-800-659-5495

Monday – Friday
8 a.m. – 6 p.m. PT

8 a.m. – 12 p.m. PT

Find a Branch
Request Contact

Legal information and Disclosures

1Home Equity Lines of Credit (HELOCs) are subject to credit qualification and collateral valuation. Fees, conditions and restrictions apply. Product details can be found in our Important Terms Brochure; ask for a copy. Rate and offer subject to change without notice. Evidence of adequate property insurance required.

All HELOCs feature a 10-year variable rate draw period requiring a monthly interest-only payment subject to a $100 minimum. Annual Percentage Rate (APR) during the draw period may change as often as monthly. The draw period is followed by a fixed-rate fully-amortizing repayment period of 120, 180 or 240 months, depending on the balance at the end of the draw period. APR during the repayment period will be fixed, based on the Prime Rate in effect at the end of the draw period, plus a margin and other factors. The APR will not exceed 18.00% (13.00% APR in Oklahoma) and will not go below 3.00% regardless of your starting margin or applicable discounts. Fees: an annual fee up to $75 applies subject to state law limitations; a fee of $100 may apply each time a Fixed Rate Loan Option is elected or reversed.

The APR for a HELOC during the draw period is variable based on the Prime Rate as published in The Wall Street Journal, plus a margin. The Prime Rate as of March 16,2020 is 3.25%. As of January 1, 2022, margins range from -0.810% to 5.625% with corresponding APRs ranging from 3.000% to 8.875% for lines of credit between $15,000 and $2,000,000 and are subject to change at any time. APR will depend on factors including property value and location, occupancy status, creditworthiness, existing debt against the property, approved line of credit amount, and your account relationships with Bank of the West.

2Limited time automatic payment discount of 0.25% off the standard rate requires applicants to establish automatic monthly payments from their new or existing Bank of the West personal checking or savings account. The discount may be reversed and your rate and payments may increase if automatic payments are discontinued for any reason. All terms and conditions applicable to the checking or savings account apply, including fees and minimum opening deposits. Additional benefits may be available for eligible customers of Bank of the West and its affiliates (ask us for details).

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Doing business in South Dakota as Bank of the West California