Call Us 316.788.1111


Home Equity Lines of Credit

Tap into true value by using the equity you have in your home. Establish a line of credit and experience tremendous convenience, flexibility and savings!

Our Home Equity Line of Credit (HELOC) is one fantastic product. Along with a great rate, the repayment terms are exceptional, and the benefits are many. Set your line up today!

  • 4.50% APR*
  • Minimum Borrowing Amount – $10,000
  • Maximum Borrowing Amount – $100,000
  • 10-Year Term
  • Interest-only payments each month
  • Maximum loan-to-value of 80%**
  • Requires a minimum FICO credit score of 680
  • Interest paid is likely tax deductible***

*  The Annual Percentage Rate (APR) is fixed for the first three years, and then becomes a monthly variable rate for the next seven years.  The variable rate is indexed to Wall Street Journal Prime and during the life of the loan, can range from a low of 5.00% APR (after the 3-year intro period) to a high of 12.00% APR.

**  Loan-to-values exceeding 80% but <=90% will be considered on a case-by-case basis.

***  Consult your tax advisor

An origination fee of $450 or 1.00% of the credit limit (whichever is greater) will be charged.   This can range from $450 to $1000. A fee-paid appraisal may be required.  Monthly payments of accrued interest are required for the 10-year life of the loan.  At maturity, the balance becomes due and payable.


Lobby Hours
M-TH 9-5 | FRI 9-6 | SAT 9-12

Drive-up Hours
M-F 8-6 | SAT 9-12

Derby | Main Bank
1033 N. Buckner
PO Box 330
Derby, KS 67037

Derby | Rock Road
601 N. Rock Road
PO Box 330
Derby, KS 67037

El Dorado
225 Village Road
PO Box 950
El Dorado, KS 67042

2330 Ohio
PO Box 200
Augusta, KS 67010


NMLS #583218

  • © 2018 Verus Bank. All rights reserved.