HELOC Fees by State
Great news for Wisconsin HELOC borrowers!
Pay $0 in new HELOC processing fees with a $149 credit. Illinois and Minnesota borrowers still enjoy savings with the credit, too.
Here’s the math:
Standard Processing Fee
− Credit for New Home Equity Line of Credit (HELOCs)
= Resulting Fee Amount for New HELOCs
|
Wisconsin |
Illinois |
Minnesota |
|---|---|---|
| Standard Processing Fee | ||
|
$149 |
$379 |
$299-$499*, based on loan amount |
| Credit for New Home Equity Lines of Credit (HELOCs) | ||
|
$149** |
$149** |
$149** |
|
Resulting Fee Amount for New HELOCs |
||
|
$0 |
$230 |
$150-$350*, based on loan amount |