Home Equity Loans with Fixed Rates and Flexible Access
Put your home’s equity to work on your timeline. Whether you’re planning a renovation, consolidating debt, or covering a major expense, an Emprise Bank home equity loan gives you a fixed rate with predictable payments. Home Equity Loans as low as 6.24% APR* available on 60‑month term for qualified applicants. Ends June 15!
*Annual Percentage Rate (APR) starting at 6.24% are available on 60‑month term for qualified applicants. All rates are fixed for the duration of the loan. Minimum loan amount $10,000. Funds may be drawn for up to 6 months with interest‑only payments, followed by repayment over 54 months with principal and interest.
All loans are subject to credit approval. Offers valid through June 15, 2026. Your actual Annual Percentage Rate (APR) will be based on credit history, loan amount, and other factors. Origination fees start at $299. Existing Emprise loans are not eligible. Maximum combined loan‑to‑value (LTV) is 89%. A full appraisal may be required and could result in an additional fee. Property insurance is required.
What Is a Home Equity Loan?
A home equity loan lets you borrow against the value you’ve built in your home. You can use the funds for goals like home improvements, consolidating debt, or a major purchase, and you repay what you borrow over time. At Emprise Bank, we offer a predictable interest rate and structured repayment, which can make budgeting easier for large expenses.
Apply for a Home Equity Loan online in less than 10 minutes.
A Different Kind of Home Equity Loan
Most home equity loans give you a lump sum all at once. Ours works a little differently because your needs aren’t one-size-fits-all.
With an Emprise home equity loan, you can:
- Access funds for up to 6 months
- Borrow only what you need, when you need it
- Make interest-only payments during the draw period
- Experience fixed rates with consistent monthly payments
A home equity loan from Emprise Bank is flexible and practical, combining features of a home equity line of credit (HELOC) with the long-term stability of a traditional home equity loan.
Apply for a Home Equity Loan online in less than 10 minutes
What Can You Use a Home Equity Loan for?
You can use a Home Equity Loan for major expenses such as:
- Home Improvements like renovations and upgrades.
- Debt Consolidation to save money on high-interest credit cards or personal loans.
- Education Expenses such as tuition or housing for you or your children.
- Major Medical Expenses such as surgeries or treatments.
- Emergency Funds to cover car repairs, appliance replacement and other unexpected expenses.
What to Consider Before You Apply
Taking out a home equity loan is an important decision. A few things to keep in mind:
- Your home is used as collateral.
- Your available equity impacts how much you can borrow.
- Consistent repayment is key to protecting your financial future.
Our team is here to walk through your options and help you decide what fits your goals, not just today, but over time. You can talk with us easily by phone, email and online chat. You can also visit one of our 30+ branches across Kansas.
Choose “Home Equity Loan” when applying.
How Does a Home Equity Loan from Emprise Work?
A home equity loan, sometimes called a second mortgage, allows you to borrow against the equity you’ve built in your home. We keep the process straightforward:
Apply and estimate your available equity. We’ll help you understand how much you may be able to borrow based on your home’s value and existing mortgage balance.
Access funds during your draw period. For the first 6 months, you can draw funds as a revolving line of credit—helpful for projects or expenses that unfold over time.
Make interest-only payments. During the 6-month draw period, payments are based on what you’ve used.
Move on to predictable repayment. This is a fixed-rate loan with consistent monthly payments.
We’re here to answer your questions and discuss options so you can move forward with confidence. Contact your local Emprise loan advisor or visit one of our 30+ Kansas and Missouri branches.
Home Equity Loan vs HELOC: What’s the difference?
| Home Equity Loan | Home Equity Line of Credit (HELOC) | |
|---|---|---|
| How You Get Funds | Borrow as needed from a revolving line of credit for 6 months (then any remaining balance is a fixed-rate loan) | Borrow as needed from a revolving line of credit for 7 years |
| Interest Rate | Fixed | Variable (tied to Prime Rate) |
| Repayment | Interest-only during draw period, then principal + interest | Interest-only during draw period, then principal + interest |
| Revolving Draw Period | 6-month access period; followed by fixed payments on the remaining balance. | 7-year access period; followed by a 10-year repayment period |
| Best For | Specific, one-time expenses with known costs | Ongoing or unpredictable expenses |
| Payment Predictability | Consistent monthly payments | Payments can change as interest rates change |
| Flexibility | High. Borrow, repay, and borrow again during draw period | High. Borrow, repay, and borrow again during draw period |
| Home Equity Loan | |
|---|---|
| How You Get Funds | Borrow as needed from a revolving line of credit for 6 months (then any remaining balance is a fixed-rate loan) |
| Interest Rate | Fixed |
| Repayment | Interest-only during draw period, then principal + interest |
| Revolving Draw Period | 6-month access period; followed by fixed payments on the remaining balance. |
| Best For | Specific, one-time expenses with known costs |
| Payment Predictability | Consistent monthly payments |
| Flexibility | High. Borrow, repay, and borrow again during draw period |
| Home Equity Line of Credit (HELOC) | |
|---|---|
| How You Get Funds | Borrow as needed from a revolving line of credit for 7 years |
| Interest Rate | Variable (tied to Prime Rate) |
| Repayment | Interest-only during draw period, then principal + interest |
| Revolving Draw Period | 7-year access period; followed by a 10-year repayment period |
| Best For | Ongoing or unpredictable expenses |
| Payment Predictability | Payments can change as interest rates change |
| Flexibility | High. Borrow, repay, and borrow again during draw period |
Learn more about the differences between a HELOC vs a Home Equity Loan.
Home Equity Loan FAQs
A home equity loan, sometimes called a second mortgage, allows you to borrow against the equity you’ve built in your home. A Home Equity Loan from Emprise has the advantage of having a 6-month draw period, where you access funds from your loan amount and make interest-only payments. This gives you more flexibility to use only what you need. After the draw period, you will repay the loan principal and interest.
We offer 54-month and 114-month repayment terms. You can also make additional principal payments during the 6-month draw period, which may help reduce your balance before repayment begins.
- We review your credit history, income, debts (debt-to-income ratio), the requested loan amount, and other factors.
- Your available credit is based on your home’s value and existing mortgage balances. Maximum combined loan-to-value (LTV) is 89%, including prior mortgages or liens.
- The property must be owner-occupied and property insurance is required.
- All loans are subject to credit approval.
- For details on your situation, contact a local Emprise loan advisor or visit one of our 30+ Kansas branches.
Yes. The loan is a fixed rate with predictable monthly payments.
A home equity loan is secured by your home, which can make it a useful option for projects like renovations, consolidating high-interest debt, or covering major expenses. Because your home is used as collateral, it’s important to borrow with a clear plan for repayment.
If you’re not sure which option fits your situation, we’re here to help you think it through. Contact a local Emprise loan advisor or visit one of our 30+ Kansas and Missouri branches with your questions.
Apply for a Home Equity Loan Online in Less Than 10 Minutes
