Home Equity Choices

A Home Equity Line of Credit or Loan from HSBC is a great way to consolidate your bills, cover education expenses, or pay for home improvements and major purchases.

At HSBC, we offer choices between fixed and variable rates, loan amounts from $10,000 to $500,000 (depending on appraised value and equity in your home¹), and flexible repayment terms. Plus the interest you pay may be up to 100% tax deductible².

Are you looking for a Home Equity Line of Credit?

Click here to learn more about our "Always Prime" offer.

Do you already have a Home Equity Line of Credit with HSBC?

If you'd like to apply for a credit line increase, click here. Or call 1-800-975-HSBC (1-800-975-4722) to talk with one of our home equity specialists.

HSBC also offers programs to meet special financing needs, including:

Blended Mortgage* - Also known as a Piggyback or Simultaneous Second, this option combines a home equity with a first mortgage to help the borrower avoid paying private mortgage insurance or the higher interest rate generally associated with a jumbo mortgage.

15-Year Balloon Option on Home Equity Loans* - The monthly payment is based on a 30-year repayment term with a balloon payment due at the end of 15 years.

Stated Income* - The borrower's income is listed on the application but not verified, resulting in reduced documentation.

Home Equity Lines of Credit are available through HSBC Mortgage Corporation (USA) in Alabama, Arizona, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, Tennessee, Utah, Virginia, Washington, and Wisconsin.

Home Equity Loans are available through HSBC Mortgage Corporation (USA) in Alabama, Arizona, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, Tennessee, Utah, Virginia, Washington, and Wisconsin.

1 - For approved lines that equal or exceed 90% of the appraised value of the home, maximum loan amount is $350,000.  Minimum draw at closing of $250 required in Connecticut.  Minimum line of credit amount in Arizona is $10,001.

2 - See your tax advisor regarding tax deductibility of interest paid on loans secured by your home.

* Subject to restrictions. Talk to an HSBC representative for details.