Compare rates for home equity loans and home equity lines of credit in Michigan. Search home equity options available in Michigan. Refine your search by entering your ZIP code, credit type, type of product and/or sorting by features.
Popular metropolitan areas for Michigan:
Detroit | Grand Rapids
3-yr T bill+3.00% (no floor); $25 yrly fee; $3,000 min
Charter One Bank
03/19/10
660-850
5.25
5.25
80
$0
P+2.00% (no floor); .25% disc w/auto debit; $50 yrly fee; $10,000 min
03/19/10
620-850
4.74
4.74
80
$0
Annual fee of $50 waived for the first year
First Place Bank
03/19/10
660-850
5.00
5.00
80
$0
P+0.00% (5.00% floor); $50 yrly fee; $10,000 min
Bank of America
03/19/10
660-850
7.74
7.74
80
$0
P+4.49% (no floor); .25% disc w/auto debit; no yrly fee; $10,000 min
Comerica Bank
03/19/10
660-850
6.50
6.50
80
$0
P+3.25% (no floor); $50 yrly fee waived the first year; $5,000 min
Citizens First Savings Bank
03/19/10
660-850
5.00
5.00
80
$0
P+1.75% (5.00% floor); $40 yrly fee waived the first year; $5,000 min
Many lenders and institutions have different rates on their own Websites than those posted on Bankrate.com. In order to get the Bankrate.com rate, please identify yourself as a Bankrate.com customer. If you believe that you have received an inaccurate quote or are otherwise not satisfied with the services provided to you by the lender you choose, please email us.
The rates above were collected by Bankrate.com on the dates specified. Rates are subject to change without notice and may vary from branch to branch. Rate/APR and terms may vary based on the creditworthiness of the individual and the extent to which the product differs from the one used for Bankrate.com quotes. For criteria used in surveys of rates above click on the appropriate product group:
Mortgages,
Home Equity,
CD,
Auto and
Checking/Savings.
Bank and thrift deposits are insured by the Federal Deposit Insurance Corp. Credit union deposits are insured by the National Credit Union Administration. Bankrate.com rates banks, thrifts and credit unions through proprietary Safe & Sound star rating system. Rates are subject to change without notice and may vary from branch to branch.
Banking fact or fiction, part IV
Separating banking myths from the facts is an important part of finding the best banking solutions for your needs. The final of a four-part series, here are tips to help you separate the truth from the inaccuracies when it comes to savings and loans.
Read more
Home loan changes to expect in the remainder of 2009
Down economies affect home loans in various ways, many of which are unwelcome to most of the population. But why does it seem that these two items are always related? With this question in mind, read on for changes to expect regarding home loans in the remainder of 2009.
Read more
About our home equity rate comparisons in Michigan
We strive to provide comprehensive listings of home equity loan rates in Michigan to help you find a home equity loan or home equity line of credit that fits your specific needs. We hope to make the comparison process simple and easy and, in the end, help you save money on your home equity loan costs in Michigan. For more information about home loans, visit our home loan FAQs.
Though a person may buy their parents' old home, they still need to make sure the mortgage lender is informed of the purchase even if the name on the title changes.
Read more