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Wholesale Mortgage Rates

HELOC (Home Equity Line of Credit) – 10/10 Term

Effective as of 8/2/2025

Score< 80.00%80.01% – 85.00%85.01% – 89.99%90.00% – 95.00%95.01% – 100%
740 + Prime – .25%Prime + .25%Prime + .50%Prime + 1.25%Prime + 1.75%
720 – 739Prime + 0%Prime + .50%Prime + .75%Prime + 1.50%Prime + 2.00%
700 – 719Prime + .25%Prime + .75%Prime + 1.00%Prime + 1.75%N/A
680 – 699Prime + .75%Prime + 1.25%Prime + 1.75%N/AN/A
660 – 679Prime + 1.25%N/AN/AN/AN/A

HEIL (Home Equity Installment Loan) 3/1 Arm (20 year Amortization – 3 year, caps 2/2/6 – floor of 4.5%)

Effective as of 8/2/2025

Score<80.00%80.01%-85.00%85.01%-89.99%90.00%-95.00%
740+Prime -.30%Prime +.25%Prime +.50%Prime +1.25%
720-739Prime -.05%Prime +.50%Prime +.75%Prime +1.50%
700-719Prime +.20%Prime +.75%Prime +1.00%Prime +1.75%
680-699Prime +.70%Prime +1.25%Prime +1.75%N/A
660-679Prime +1.25%N/AN/AN/A

HEIL (Home Equity Installment Loan) 10-year balloon 20 year amortization

Effective as of 8/2/2025

Score<80.00%80.0%-85.00%85.01%-89.99%90.00%-95.00%
740+7.55%8.05%8.30%9.05%
720-7397.80%8.30%8.55%9.30%
700-7198.05%8.55%8.80%9.55%
680-6998.55%9.05%9.55%N/A
660-6799.05%N/AN/AN/A

All HELOC and HEIL Product Types:

Loan Size AdjustmentsCredit Score Loan Size Restrictions
≤ 80%$500,000660 - 679$100,000DTI Max 45%
80.01% - 85.00%$300,000680-699$250,000Floor = 3.99%
85.01% - 89.99%$250,000Prime = 7.50%
90.00% - 95.00%$175,000over 95%: $100,000Min. loan size: $10,000
 Primary only to 100%** secondary residence to 89.99% CLTV max ** Future value/2nd home loans rate increase=.25%* ** Bridge Financing = HELOC rate fixed for 12mths with I/O payments ** Bridge Financing max CLTV=89.99% ** N/O/O—-max CLTV of 75%, max $150,000, .50% origination fee, .75% increase to pricing, min. mid score 700 all borrowers, 1-4 unit ** 25 Year Amortization add .15% to rate ** 5/1 Arm add .25% to rate ** 95.01%-100% loan to value only for 7 county metro market applies to HELOC and HEIL** ** Rates are based off of the primary wage earner for all products, and secondary must be above product minimum. ** HELOCs Qualify using 1% of loan amount

Construction Loan Rates

Effective as of 8/2/2025

Credit ScoreLTV < 70%70%-80% LTV80.01%-89.99%***
>7406.55%6.80%7.30%
700-7407.05%7.30%7.80%
660-6997.80%8.05%8.55%
***80.01-89.99%—-only for 11 county MN metro area—minimum credit for over 80%=680 ** Loan amount determined using the lesser of the sworn plus land value or appraisal value ** Max DTI is 45% ** Debt ratio is calculated using an assumed PITI payment per brokers take out. Taxes are estimated using 1% of appraised value ** Must use a title company that can handle progress inspections and priority photos ** No self-builds allowed ** Required take out letter from lender prior to closing ** 1.0% origination fee on loan amounts $500,000 and under and .75% for loan amounts over $500,000. Term of 12 months – Interest due monthly

Reach Out:

Joe Babiracki

SVP/Mortgage Banking Manager

Phone Number  952-858-4940