Put the equity in your home to work. A Home Equity Line of Credit can provide access to cash to pay for home improvement projects, unexpected emergencies and more.
You’ve built more than a home-you’ve built equity. Now, put it to work with a WSFS Home Equity Line of Credit. Access flexible funds for your biggest plans and enjoy a low 3.99% APR* introductory rate for the first six months, with a variable rate of 7.00% APR* – 8.50% APR* thereafter.
A WSFS Home Equity Line of Credit is a flexible, revolving line of credit available to you when you need it. Lock in a fixed rate on all or a portion of your balance.[1]
You pay only the interest on the money you borrow for 10 years (draw period) from the date the line is established.[2]
You can choose to fix the rate on all or a portion of your line, and keep accessing the rest of your available line of credit.
The rates and terms described above are for the Convertible Home Equity Line of Credit. Other Home Equity Line of Credit products are available. Ask a WSFS Associate for details. The following property types are not eligible for home equity loans or home equity lines of credit from WSFS Bank: mixed-use properties, life estates, co-ops, timeshares, working farms, commercial properties and land/lots. Primary residences, secondary residences and investment properties are eligible. LTVs may vary from those listed for out-of-market residences and investment properties.
*The Annual Percentage Rates (APR) are effective as of October 29, 2025 and are subject to change. The offer, rates and terms described are for Home Equity Lines of Credit. Introductory rate offer requires a maximum loan to value of 90%. LTVs may vary from those listed for loan amounts of greater than $750,000. The introductory rate will apply for the first six (6) billing cycles after your HELOC is opened. After the introductory period expires, the APR on any existing balance will convert to the applicable non-discounted variable APR for the life of the loan. Your non-discounted variable APR may vary based on changes to the Prime Rate as listed in the Wall Street Journal, currently 7.25%. 7.00% APR – 8.50% APR are for line of credit amounts ranging from $25,000 – $2,500,000. Minimum APR of 3.00% after the introductory rate period. Maximum APR is 18%. Minimum line amount is $25,000. Offer subject to credit approval. Home Equity Line Credit can be drawn on for a 10-year period, during which a minimum monthly interest payment is required. If you pay only the amount of interest that is due, once the interest-only period ends, you will still owe the original amount that you borrowed, and your monthly payment will increase because you must pay back the principal as well as the interest—even if the interest rates remain the same. Fees to open these lines may range from $0 to $1,365 depending on the amount of the line and the state in which the property is located. A recapture fee of $375 will be imposed if your account is closed within 36 months of opening. Other fees may apply. Property insurance and flood insurance, if applicable, are required.
1 You can exercise the option to convert to a fixed rate only during the following period or periods: During the Draw Period and up to 13 months prior to the end of the Repayment Period. You may have up to three (3) Fixed-Rate Conversion Loans outstanding at any one time. Minimum amount required to convert is $5,000.
2 During the draw period, the minimum monthly payment for this Convertible HELOC is interest only or $50, whichever is greater. The “interest-only” portion of this Convertible HELOC allows you to pay only the interest on the money you borrow for 10 years (draw period) from the date the line is established. A 20 year repayment period, during which you must pay principal and interest, follows the 10-year draw period. Interest-only payments do not build home equity. If you pay only the amount of interest that is due, once the interest-only period ends, you will still owe the original amount that you borrowed and your monthly payment will increase significantly because you must pay back the principal as well as the interest, even if interest rates remain the same.
3 Prime rate as of October 29, 2025 is 7.25% and is used to calculate Home Equity Lines of Credit (rates are variable and are subject to change). Minimum Annual Percentage Rate is 3.00%. Maximum Annual Percentage Rate is 18%. Minimum line amount of $25,000 for the Convertible HELOC. Fees to open these lines may range from $0 to $1,365 depending on the amount of the line and the state in which the property is located. Property insurance and, if applicable, flood insurance are required. A recapture fee of $375 will be imposed if your account is closed within 36 months of opening.
4 LTV is 80% for Out-of-Market properties or when the first and second mortgage balance is greater than $750,000. LTV is 70% for investment properties. Investment properties are not eligible for Convertible HELOC.
5 The interest on the portion of the credit extension that is greater than the fair market value of the dwelling is not tax deductible for Federal income tax purposes. You should consult a tax adviser for further information regarding the deductibility of interest and charges.
Offer subject to credit approvals and may be withdrawn at any time.
