Greenville, South Carolina home equity loan and HELOC rates range from 4.00% to 9.25%, verified by MonitorBankRates as of October 14, 2026. Current home equity loan rates in Greenville, South Carolina include Houston Federal Credit UnionHouston Federal Credit Union100 Fluor Daniel Dr # C102U, Greenville, SC, 29607 2761A+5.0 ★Texas Ratio: 2.70% offering Home Equity Home Improvement Loans - 60 Months at 5.99%, Duke University Federal Credit UnionDuke University Federal Credit Union280 Commonwealth Dr, Greenville, SC, 29615 4813A5.0 ★Texas Ratio: 6.76% offering FIXED Rate Second Mortgage at 6.65%, Truliant Federal Credit UnionTruliant Federal Credit Union110 W North St, Greenville, SC, 29601A5.0 ★Texas Ratio: 6.43% offering Home Equity Loan - First Lien (Fixed Rate) at 6.67%, Market USA Federal Credit UnionMarket USA Federal Credit Union201 Bi Lo Blvd, Greenville, SC, 29607 5346A+5.0 ★Texas Ratio: 4.76% offering Home Equity Line of Credit (HELOC) at 6.75%, and Greenville Federal Credit UnionGreenville Federal Credit Union142 Tanner Rd, Greenville, SC, 29607A+5.0 ★Texas Ratio: 3.04% offering Home Equity Line of Credit at 6.75%. Home equity and HELOC rates as of October 14, 2026 according to verified data from MonitorBankRates. Use the tabs below to compare home equity loans and HELOCs side by side. Rates are continually updated, we recommend checking back frequently.
Rates reflect actual verified offers from lenders actively serving South Carolina borrowers. Your final approved rate will depend on your credit profile, the equity in your home, your combined loan-to-value ratio, and daily market movements. Last Updated and Verified: October 14, 2026
As Low As; APR - Fixed Rate
Published APR range: 6.65% - 7.65%. Up to 80% LTV; Current Rates as of October 1, 2026; Rates based on approved credit rating
Amount: $10,000 - $350,000; APR range: 6.67% - 7.42%; Fixed rate
As Low As; APR - Fixed Rate
As Low As; APR - Fixed Rate
Amount: $10,000 - $350,000; APR range: 7.82% - 9.47%; Fixed rate
Published APR range: 8.15% - 9.15%. Over 80% LTV; Current Rates as of October 1, 2026; Rates based on approved credit rating
As Low As; Property with no existing liens; Owner Occupied
As Low As; Property with no existing liens; Owner Occupied
As Low As; Max Term 120 Months; For qualified borrowers; Direct deposit discounted rate does not apply to Home Equity loans
As Low As; Fixed rate; Available terms of 10 or 15-year fixed, and a 30-year fixed with 7-year balloon; Funds are disbursed in its entirety at the time of loan closing
As Low As; Property with no existing liens; Owner Occupied
As Low As; Max Term 180 Months; For qualified borrowers; Direct deposit discounted rate does not apply to Home Equity loans
As Low As; Property with an existing mortgage or liens; Owner Occupied
As Low As; Property with no existing liens; Owner Occupied
As Low As; Property with an existing mortgage or liens; Owner Occupied
Available in CA, OR, WA; APR as low as (0 pts.)
Available in NY, MA, OH, NC; APR as low as (0 pts.)
APR As Low As; Max Term: 60 Months; For qualified borrowers. Rate may vary based on credit score, loan-to-value of property and ability to repay. Direct deposit discounted rate does not apply to Home Equity loans.
As Low As; Property with no existing liens; Owner Occupied
85% of appraisal minus 1st mortgage balance Rate adjusts quarterly with Prime. Call (803)432-5299 for details
No additional details available.
As Low As; subject to change quarterly
As Low As; Featured rate; rates accurate as of October 12, 2026
APR As Low As; Max Term: 84 Months; For qualified borrowers. Rate may vary based on credit score, loan-to-value of property and ability to repay. Direct deposit discounted rate does not apply to Home Equity loans.
As Low As; Term: Terms may vary
As Low As; Property with an existing mortgage or liens; Owner Occupied
Available in CA, OR, WA; APR as low as (0 pts.)
Available in NY, MA, OH, NC; APR as low as (0 pts.)
APR As Low As; Max Term: 120 Months; For qualified borrowers. Rate may vary based on credit score, loan-to-value of property and ability to repay. Direct deposit discounted rate does not apply to Home Equity loans.
As Low As; assumes 750 FICO, primary residence, and 70% maximum HLTV; rates vary by credit history, LTV/CLTV/HLTV, loan amount and occupancy
As Low As; Fixed-rate home equity loan; Max Loan Amount: $500,000
As Low As; Property with an existing mortgage or liens; Owner Occupied
APR As Low As; Max Term: 144 Months; For qualified borrowers. Rate may vary based on credit score, loan-to-value of property and ability to repay. Direct deposit discounted rate does not apply to Home Equity loans.
As Low As; Fixed-rate home equity loan; Max Loan Amount: $500,000
As Low As; Property with an existing mortgage or liens; Owner Occupied
As Low As; Fixed-rate home equity loan; Max Loan Amount: $500,000
As Low As; Investment Property
APR As Low As; Max Term: 180 Months; For qualified borrowers. Rate may vary based on credit score, loan-to-value of property and ability to repay. Direct deposit discounted rate does not apply to Home Equity loans.
As Low As; Investment Property
As Low As; Fixed-rate home equity loan; Max Loan Amount: $500,000
As Low As; Investment Property
As Low As; Investment Property
As Low As; Variable APR; No closing costs! (provided initial advance is at least $10,000 and loan remains open 36 months.); Minimum HELOC amount: $10,000, Maximum HELOC amount: $200,000
As Low As; 80% or less loan to value; real property must be located in South Carolina
Term: 5 year draw with a 10 year repayment
As Low As; LTV: Up to 80%; Variable Rate
Published APR range: 7.00% - 11.25%. Up to 90% LTV; Current Rates as of October 1, 2026; Rates based on approved credit rating
Amount: $10,000 - $350,000; APR range: 7.00% - 9.50%; Variable rate
Published APR range: 7.75% - 11.25%. As Low As; Variable APR based on WSJ Prime Rate plus margin of up to 6.25%; APR will not go below 3.25% or exceed 18.00%; minimum line of credit $10,000
As Low As; 90% or less loan to value; real property must be located in South Carolina
As Low As; LTV: 81% - 90%; Variable Rate
As Low As; greater than 90% loan to value; real property must be located in South Carolina
As Low As; Rate (APR*) As Low As
Variable Prime-based APR; APR range 4.00% to 18.00%; minimum loan amount $10,000; interest only during draw period; available in South Carolina; rates effective October 5, 2026
As Low As; Owner Occupied up to 80% LTV; minimum loan amount $10,000, maximum loan amount $350,000; minimum monthly payment 1.0% of principal balance or $100.00 whichever is greater
Variable rate tied to Prime Rate as of December 15th of prior year (floor of 4.00%); 6.75% as of December 2025; Discount of .50% if credit score is over 70 at approval (floor of 4.00%); Variable rate, may change annually starting January 1st
As Low As; Variable interest rate that can fluctuate over time; 10-year draw period, with repayment period of up to 10 years
As Low As; Maximum LTV: 80% (NY, MA, OH, NC); Maximum Amount: $300,000.00; Lifetime Index = Prime Rate currently 7.00%; Margin as low as 0.000%; Minimum line amount is $10,000
As Low As; *Please contact the Mortgage Team for current rates.
As Low As
APR Effective 10/1/2026
As Low As; Max Loan Amount: $500,000; Variable-rate HELOC
As Low As; Max Loan Amount: $250,000; Variable-rate HELOC; interest-only
Interest-only HELOC; variable-rate line; members may face significant monthly payment increases when the line enters repayment; not available in Texas
As Low As; Max Loan Amount: $100,000; Variable-rate HELOC
Local housing and income figures that shape how much equity Greenville, SC homeowners can borrow against. Source: U.S. Census Bureau & FHFA.
Equity and borrowable estimates are illustrative, based on a typical owner who has paid the original mortgage down to roughly 65% of current value and an 85% combined loan-to-value ceiling. Your actual figures depend on your remaining mortgage balance, credit profile, and lender underwriting.
Your borrowing limit on a home equity loan or HELOC is set by your combined loan-to-value ratio (CLTV), the total of your first mortgage plus the new loan, divided by your home's appraised value. Most lenders cap CLTV at 80 to 85%. Using the local median home value of $487,500, here is roughly what an 85% CLTV ceiling allows at three stages of mortgage payoff:
| Mortgage Stage | Still Owed | Equity Held | Est. You Could Borrow |
|---|---|---|---|
| Earlier in repayment | $341,250 | $146,250 | $73,125 |
| Roughly halfway through | $268,125 | $219,375 | $146,250 |
| Well into repayment | $195,000 | $292,500 | $219,375 |
The further along you are in paying down your first mortgage, the more equity sits available to borrow against. Lenders will also weigh your credit score, debt-to-income ratio, and income , the local median household income is $71,472, before issuing a final offer.
Illustrative estimates only, based on an 85% CLTV ceiling and the Census median home value for this area. Actual limits vary by lender (some allow up to 90% CLTV), by your home's appraised value, and by your credit profile. This is not a loan offer or a guarantee of approval.
Compare local Greenville, SC home equity quotes against the statewide average
Daily HELOC and home equity loan averages tracked across our database of verified rate quotes, updated every evening.
South Carolina HELOC rates rose 0.094 points over the past 7 days to 7.047%.
South Carolina home equity loan rates fell 0.014 points over the past 7 days to 6.923%.
Where are South Carolina HELOC and home equity loan rates headed through October 2027?
HELOC trajectory based on prime rate path (prime = fed funds + 3.0%). Home equity loan trajectory based on Fed funds futures and 10-year Treasury path. Not financial advice.
Monthly cost on $50,000 borrowed. HELOC shown as interest-only payment (typical during 10-year draw period). Home equity loan shown as fully amortizing principal & interest on a 15-year term.
| Scenario | HELOC Rate | HELOC Mo. Interest | HE Loan Rate | HE Loan Mo. P&I |
|---|---|---|---|---|
| Today (SC avg) | 7.047% | $294 | 6.923% | $447 |
| 6-Month Forecast | 7.047% | $294 | 6.923% | $447 |
| 12-Month Forecast | 6.797% (6.55, 7.00%) | $283 (-$11) | 6.523% (6.17, 6.82%) | $436 (-$11) |
Green (−) = lower monthly cost vs today. Red (+) = higher monthly cost. HELOC cost reflects variable-rate exposure: when prime drops, HELOC costs drop within one billing cycle. Locking a fixed home equity loan now insulates against further rate increases but forfeits the savings if rates fall.
According to the U.S. Census Bureau, the median owner-occupied home value in Greenville, South Carolina is approximately $487,500. A homeowner who owes 60% of their original mortgage on a median-valued home would have roughly $195,000 in available equity. At a typical 85% CLTV limit, that means they could potentially borrow up to $121,875 via a HELOC or home equity loan, depending on credit profile and lender underwriting standards.
| Feature | Home Equity Loan | HELOC |
|---|---|---|
| Rate Type | Fixed for life of loan | Variable (prime + margin) |
| Payout | Lump sum at closing | Draw as needed, up to limit |
| Term | 5-30 years | 10-yr draw + 20-yr repay (typical) |
| Payment | Fixed P&I from month one | Interest-only during draw (usually) |
| Closing Costs | Typically 2-5% of loan | Often $0 (promos common) |
| Best For | Specific large expense, payment certainty | Ongoing access, flexible borrowing |
Want a deeper breakdown? Read our full guide: Home Equity Loan vs HELOC, Key Differences, Pros and Cons
Greenville, South Carolina homeowners borrow under South Carolina law. The South Carolina High Cost and Consumer Home Loans Act (SC Code 37-23) caps fees and bars flipping and balloon features on high cost loans, and lenders must give the attorney and insurance preference disclosure under SC Code 37-10-102 on any loan secured by a home; no LTV cap beyond federal rules. At the Greenville, South Carolina median home value of $487,500, a lender's typical 80 percent combined loan to value limit works out to about $390,000 of total mortgage and home equity debt against the home. SC Code 37-10-103 prohibits prepayment penalties on loans of $150,000 or less secured by the borrower's home, and high cost loans may not carry one.
Read the full South Carolina home equity rules, including foreclosure, deficiency, closing cost taxes, and who handles the closing.
Home equity loans and HELOCs secured by your main home carry federal protections on top of anything your state adds. For a HELOC, the lender must give you the HELOC disclosure and the CFPB home equity brochure when you apply and cannot charge a nonrefundable fee until three business days later; the rate must follow a public index the lender does not control, and the lender can freeze or cut the line only for specific reasons such as a significant drop in the home's value or a material change in your finances. For both home equity loans and HELOCs you have until midnight of the third business day after closing to cancel for any reason and get your fees back. A loan is a high cost mortgage under HOEPA if its APR is more than 6.5 percentage points above the average prime offer rate for a first lien (8.5 points for a second lien) or if points and fees exceed 5 percent; high cost loans require counseling and cannot carry balloon payments or prepayment penalties. Since 2018, interest on a home equity loan or HELOC is deductible only if the money is used to buy, build, or substantially improve the home that secures it, and only within the $750,000 total acquisition debt cap. Flood insurance is required on any home equity loan or HELOC from a federally regulated lender if the home sits in a FEMA flood hazard area.
Estimate how much you could borrow against your home, and what the monthly payment on a fixed-rate home equity loan would look like. The home value below is prefilled with the local median from the U.S. Census Bureau — change it to your own home's value, and adjust any other field to see the numbers update.
Defaults to your estimated borrowing limit — edit to model a smaller loan.
Estimates only. Borrowing power assumes lenders allow up to the selected combined loan-to-value ratio; actual limits, rates, and approval depend on your credit profile, income, and the lender's underwriting. The payment figure is for a fixed-rate home equity loan with standard amortization — HELOC payments are typically interest-only during the draw period and vary with the prime rate, so they are not modeled here. This is not a loan offer.
Independent, Free, and Unbiased Rate Comparisons: MonitorBankRates.com is an independent rate comparison service. Our Greenville, South Carolina home equity loan and HELOC rate tables are free for consumers to use, and we do not receive payment from any lender to be included or to be ranked in any particular order. Listings are based solely on the rates each lender publicly advertises on its own website.
A Note on Third-Party Rate Tools: Some pages on our site also feature rate comparison widgets and tools provided by third-party partners, including the iCanBuy home equity offers widget shown above. These tools may include sponsored listings or affiliate links, and we may receive compensation when users click through them. We clearly label these widgets so you can tell at a glance which rates come from our independent MonitorBankRates.com tables and which come from our advertising partners.
Direct-Sourced & Verified Home Equity Rate Data: We aggregate home equity loan and HELOC rates for Greenville, South Carolina directly from the official websites of local lenders, credit unions, and national institutions using our proprietary rate aggregation technology and a dedicated team of rate updaters. Every rate displayed is highly accurate and trustworthy.
Local, Regional, and National Coverage: Our systems constantly monitor the market to provide a complete picture of available home equity products in Greenville, South Carolina. We feature a comprehensive mix of licensed NMLS financial institutions, from neighborhood credit unions and competitive regional banks to large national lenders accepting applications from South Carolina borrowers.
Local-First Sorting: Rate tables on city pages list institutions with physical branches in the city first, followed by statewide institutions, then national lenders, regardless of APR. This intentional ordering helps homeowners find lenders they can walk into for an in-person closing, since home equity products often involve appraisal, notarization, and other steps that benefit from a local relationship.
Daily Updates & Time-Stamped Accuracy: Our rate updaters verify and update home equity rates daily. Because HELOC rates move with the prime rate and the broader market, every product features its own “last updated” date for full transparency.
Proprietary Lender Health & Safety Grades: Beyond tracking rates, MonitorBankRates evaluates the financial stability of every listed institution. Our Health Grades (A+ to F) and Star Ratings are composite metrics calculated using objective regulatory data, including the Texas Ratio, ensuring you compare rates from secure, reliable lenders.
Home equity is the share of a property the owner truly owns: the home's current market value minus the balance still owed on the mortgage. For a Greenville, South Carolina homeowner, it grows as the mortgage is paid down and as the property appreciates. Lenders let homeowners borrow against this equity, using the home as collateral, which is why home equity products generally carry lower rates than credit cards or unsecured personal loans.
A home equity loan advances a lump sum at a fixed rate, repaid in equal installments over a set term, useful for a one-time expense with a known cost. For example, Houston Federal Credit Union is listing its Home Equity Home Improvement Loans - 60 Months at 5.99%. A home equity line of credit (HELOC) works more like a credit card: a revolving credit limit the borrower can draw from as needed during a draw period, usually at a variable rate. On the line-of-credit side, Market USA Federal Credit Union is listing its Home Equity Line of Credit (HELOC) at 6.75%. For Greenville, South Carolina borrowers, a loan offers payment certainty, while a HELOC offers flexibility for ongoing or uncertain costs.
Most lenders allow borrowing up to a combined loan-to-value ratio of 80 to 85 percent, meaning the mortgage balance plus the new home equity debt cannot exceed that share of the home's value. For a Greenville, South Carolina homeowner, the exact amount available also depends on credit score, income, and the lender's policies. Because the borrowing limit is tied to current value, an appraisal is typically part of the approval process.
HELOC rates are usually variable and tied to the prime rate, so they move when the Federal Reserve changes short-term rates, while home equity loan rates are typically fixed and priced off longer-term benchmarks. On top of that market baseline, the rate a Greenville, South Carolina borrower receives reflects credit score, combined loan-to-value ratio, and loan amount, so stronger credit and more equity generally earn a lower rate. A borrower’s final rate is set once an application is underwritten.
Because the home secures the debt, falling behind on payments can ultimately put the property at risk, so home equity borrowing is best reserved for purposes that preserve or build value, such as renovations or consolidating higher-rate debt. For Greenville, South Carolina borrowers, variable-rate HELOCs also carry the risk that payments rise if rates climb, and some lines shift from interest-only payments to full repayment after the draw period ends. Understanding the repayment structure before borrowing helps avoid payment shock later.