Home Equity Lending

With a home equity line of credit from Raymond James Bank, you can tap into the equity you’ve built in in your home to help achieve your biggest goals and gain access to the cash you need when unexpected expenses or opportunities arise.

  • Easy to Apply
    It only takes a few minutes to apply and if you are an existing Raymond James client it will be even more convenient because we won’t need to ask for information already on file!
  • No Upfront Fees
    With a Raymond James Bank home equity line of credit you can enjoy these terrific savings:

    - No application fee
    - No pre-payment penalties
    - No fees for convenience checks
    - No fees for balance transfers

  • Competitive Rates
    Unlike many other financial institutions, Raymond James Bank offers interest rates that are calculated based on the Prime Rate plus a margin and there is no minimum floor rate, giving you the opportunity to get better rates as interest rates decrease. In addition, rate discounts are offered for high-net-worth and employee-status clients.
  • Lower Your Rate
    With your payments auto-deducted from ANY bank account, you’ll get an additional .125% off the rate!
  • Special Rates for Raymond James Investment Clients
    Ask us about additional rate discounts available for Raymond James investment clients with total account relationships meeting certain requirements.
  • Flexible Payment Structures
    A variety of payment structures are available to tailor monthly payments to your cash flow situation. And, interest you pay on your home equity line and loan may be up to 100% tax deductible.*
  • Consolidated Account Information
    At your option, if you are a Raymond James client, your home equity loan or line of credit can be reflected on your brokerage account statement.
  • Closing Cost Assistance
    Raymond James Bank will cover up to $1,500 in closing costs for all loan sizes.

Whichever option you choose, Raymond James Bank lines of credit offer unique advantages to consider in financial planning. Please contact your Raymond James financial advisor or Raymond James Bank Mortgage Consultant for more detailed information at 888.457.5626.

*Please consult a tax advisor regarding the deductibility of interest and other tax issues.

Home equity lines of credit interest rate may adjust monthly based on movement in the Prime Rate as published in the “Money Rates” table of the Wall Street Journal. Current Prime Rate as of December 2018 is 5.50%

Interest rates are based on Margin

Texas home equity lines of credit feature different parameters. Please call for details.

Products, terms and conditions subject to change. Subject to standard credit criteria. Property insurance required. Flood insurance required if property is located in a designated flood zone of "A" or "V". Call Raymond James Bank for rates and other information.

Raymond James & Associates, Inc. and Raymond James Financial Services, Inc. are affiliated with Raymond James Bank, N.A. Unless otherwise specified, products purchased from or held at Raymond James & Associates or Raymond James Financial Services are not insured by the FDIC, are not deposits or other obligations of Raymond James Bank, are not guaranteed by Raymond James Bank and are subject to investment risks, including possible loss of the principal invested.