Home Equity Loans & Lines of Credit
Your home equity can be a valuable financial resource. Two common ways to access it are through a Home Equity Loan or a Home Equity Line of Credit (HELOC). While both are secured by your home, they’re designed to meet different financial needs.
Compare Your Options
| Home Equity Loan | Home Equity Line of Credit (HELOC) | |
| How funds are received | One-time lump sum at closing | Borrow as needed, up to an approved credit limit |
| Interest rate | Typically fixed | Typically variable and may change over time |
| Monthly payments | Generally predictable and consistent | May vary based on balance and rate changes |
| Interest charged | On the full loan amount | Only on the amount you use |
| Best for | One-time expenses with a known cost | Ongoing or future expenses |
| Flexibility | Lower | Higher |
| Collateral | Your home | Your home |
| Apply for a Home Equity Loan | Apply for a HELOC |
Current HELOC Offers
6-month Introductory HELOC Rate
PRIME minus 1.00% APR1
After 6 months, Variable HELOC Rate as low as
PRIME2
Which Option May Be Right for You?
A Home Equity Loan may be a good fit if you want your funds in one lump sum and predictable monthly payments for a specific expense, such as a major home improvement or debt consolidation.
A HELOC may be a good fit if you prefer flexibility and want access to funds over time for expenses that may occur gradually or unexpectedly.
Important Information:
- Both products are secured by your home, which may be at risk if required payments are not made.
- Variable interest rates on a HELOC may increase, resulting in higher payments.
- Rates, terms, fees, and credit limits are subject to credit approval and may vary based on individual qualifications.
- Property insurance is required; flood insurance may be required depending on property location.
Why You Can Count on Stock Yards Bank for Your Home Equity Needs
For more than a century, Stock Yards Bank has been a trusted financial partner, helping homeowners turn equity into opportunity. Since 1904, we’ve delivered personalized banking solutions designed to help you achieve your goals with confidence.
We proudly offer home equity loans and home equity lines of credit (HELOCs) to homeowners in Kentucky, Indiana, and Ohio, giving you access to funds that can help with home improvements, debt consolidation, or major life expenses. Our experienced loan officers provide personalized guidance, helping you choose the right option for your unique financial situation
The Stock Yards Bank Advantage
When you choose Stock Yards Bank, you gain a partner committed to your long‑term success. Our team helps you:
- Take advantage of flexible repayment options tailored to your budget
- Manage your account and make payments online through our secure, easy‑to‑use digital banking platform
- Work one‑on‑one with knowledgeable loan professionals who support you every step of the way
- Access funds conveniently via checks or direct transfers to your checking account
- Complete a smooth, streamlined online application that saves time and effort
With Stock Yards Bank, you can rest easy knowing your home equity loan or line of credit is backed by experience, stability, and personalized service.
Apply for a Home Equity Loan or HELOC Today
Let your home work for you. With a home equity loan or home equity line of credit in Kentucky, Indiana, or Ohio, you can unlock the value you’ve already built and put it to work for your future.
Start your fast, secure online application today or contact our team with any questions—we’re here to help.
1. Home Equity Line of Credit: Variable Annual Percentage Rate (“APR”) is based on The Wall Street Journal Prime Rate (“Prime”) published daily, (7.00% as of 09/17/2026). Introductory Annual Percentage Rate (APR) is available on Home Equity Line of Credit with an 80% loan-to-value (LTV) or less. During the 6-month introductory period, the APR will be Prime minus 1.00%. If Prime increases or decreases during this period the APR will also change. Offer may be changed or discontinued at any time.
2. After the 6-month Introductory Period, the Annual Percentage Rate will be your approved variable rate. Your rate and corresponding APR is dependent on your credit history, loan amount, and Stock Yards Bank’s credit policies. Rate is variable and will fluctuate based on changes to the Prime Rate (Index Rate) as published in the Wall Street Journal. Your APR will not exceed 24.00%. The APR will not go below 4.00% (floor rate). Subject to credit approval on a Stock Yards Bank & Trust Home Equity Line of Credit on owner occupied homes with an 80% or less loan-to-value ratio. Line amounts range from $25,000 to $250,000.00. Annual fee of $50 will be charged at the first anniversary of the plan and each year thereafter. Early termination fees may apply if line of credit is closed within 3 years. Not available to refinance existing Home Equity Loans. Property insurance is required and, if applicable, flood insurance will be required. This loan is not available for the purchase of a primary residence. Other restrictions may apply. Consult your tax advisor regarding interest deductibility. A 1098 will be issued as required by law. All loans subject to credit approval and Stock Yards Bank lending policies. Terms and conditions subject to change. Speak to a loan officer for details. SYB – NMLS# 433971.