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Home Equity Lines of Credit
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Last Updated: 04/18/2025

First Citizens Bank HELOC

in Home Equity Lines of Credit from First Citizens Bank

Last Updated: 04/18/2025

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Highlights

Credit Score Range

N/A


Amount Range

Starting at $15,000

Maximum LTV

89.99%

Minimum Draw

N/A


Loan Term (Years)

Up to 15

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First Citizens Bank HELOC Review

First Citizens Bank HELOC is offered by First Citizens Bank , a bank founded in 1898 and based in Raleigh, NC. First Citizens Bank HELOC are available in 50 states and Washington, DC.

Key Takeaways

  • No primary residences considered. First Citizens Bank HELOC does not offer financing for primary homes.
  • Charges a prepayment fee. This means you will be charged an additional fee if you repay the mortgage early.
  • High maximum LTV ratio. First Citizens Bank HELOC has a maximum loan to value ratio of 89.99%.

First Citizens Bank HELOC Pros & Cons

First Citizens Bank HELOC FAQ

What are the terms for First Citizens Bank HELOC?

HELOCs include a draw period followed by a repayment period. During the draw period, borrowers can access funds as needed up to the credit limit.
First Citizens Bank HELOC offers home equity loans with a maximum term of 15 years and a draw period of up to 10 years.

Is there a minimum draw requirement?

No, there is no minimum draw requirement.

What fees does First Citizens Bank HELOC charge for a HELOC?

First Citizens Bank HELOC may charge an origination fee.

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Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author's alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.

Contact

Headquarters

4300 Six Forks Rd
Raleigh, NC 27609
Visit Site

Hours of Operation

Sunday
7:00AM - 11:00PM
Monday
7:00AM - 11:00PM
Tuesday
7:00AM - 11:00PM
Wednesday
7:00AM - 11:00PM
Thursday
7:00AM - 11:00PM
Friday
7:00AM - 11:00PM
Saturday
7:00AM - 11:00PM

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