Home Equity

Unlock The Equity In Your Home.

Your home is more than an investment - it's a source of great financial security. Tap into your  home's equity with a line of credit. Unlike personal loans or credit cards, the interest on your home equity line may be fully tax deductible; consult your tax advisor. Our lines of credit offer competitive rates, flexible terms, and your choice of monthly due dates.

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Home Equity Line of Credit1,2

Introductory Rate Offer for our Home Equity Line:

2.99% introductory APR for the first 12 months after opening, then as low as 4.25% variable APR thereafter1,2


If you find yourself needing to borrow money often, a revolving line of credit can be a fast, convenient way to get the money you need. With a home equity line, you can borrow now and in the future without having to reapply. It’s a great option for home improvements, education expenses and other recurring needs.

Features include:

  • Borrow up to 90% loan-to-value in Mississippi, Alabama, Florida and Louisiana, and 80% loan-to-value in Texas2
  • Little to no closing costs3 and no annual fee2.
  • Access to your line through Online Banking. Check your balance, available credit and transfer funds directly to your Hancock Whitney personal checking account4
  • Fixed-rate option5 available on all or a part of your line for a predictable monthly payment and protection from rising interest rates.
  • Your interest may be tax deductible. Please always consult a tax adviser for tax questions that pertain to your personal circumstances.

1Offer limited to new Home Equity Lines, not available on refinancing of existing Hancock Whitney Bank home equity line of credit.  The introductory rate for the Home Equity Line of Credit is available for the first twelve (12) full calendar months after your line is established. The introductory offer may not be combined with any other discounts and may be withdrawn at any time.

2Following the introductory period, the Home Equity Line annual percentage rate (APR) is based on The Wall Street Journal Prime Rate (the “Index”) plus a margin ranging between 0.25% and 3.85%. The APR will vary but not exceed 21% in AL, MS or LA or 18% in FL or TX. Based on the 5/6/22 Index value of 4.00% and typical margin of 0.65%, the formula for subsequent monthly rate adjustments results in a current APR of 4.65%. Please note, due to the floor rate, the APR will never be less than 3.99%. Your APR may be higher. As of 5/6/22, APRs range from 3.99% to 7.85%. Repayment options and margins vary based on creditworthiness, loan-to-value percentages, whether the mortgage securing your line is a first or second mortgage and other factors. There is no annual fee.

Home Equity Lines  require a mortgage on an owner-occupied 1-4 family dwelling with a minimum lendable equity of $10,000 and a maximum loan-to-value of up to 80% in Texas3, and 90% in Mississippi, Alabama, Florida and Louisiana. Property insurance is required. Rescission rights may temporarily restrict availability of funds. See a banker for details.

3The Bank pays closing costs on home equity lines of $250,000 or less and up to $500 in closing costs for lines over $250,000.  Closing costs typically range between $0 and $3,600. We will not pay any portion of the Alabama Mortgage Recording Tax, the Florida Intangible Personal Property Tax, the Florida Documentary Stamp Tax, the Orleans Parish Documentary Tax (where those taxes may be applicable and vary with the loan amount), or the Survey Fee. Clients have the option to pay closing costs on lines under $250,000 and receive a 0.50% rate discount on the regular non-promotional rate.

If you voluntarily cancel your Home Equity Line of Credit within 12 months of opening, you will reimburse to us the non-affiliated third-party closing costs we paid, up to 2% of your credit limit. In Mississippi and Louisiana only, you will reimburse the lesser of (i) 2% of your credit limit or (ii) 5% of the unpaid principal balance of your line at the time you cancel. No obligation to repay closing costs will apply in Texas. Additionally, no obligation to repay closing costs will apply if the source of the prepayment funds is a refinancing by us or an affiliate of ours or if the prepayment occurs more than one year from the date the loan is made.

Important Information for Texas Residents: Texas laws impose certain restrictions on lines secured by a lien on your home. In Texas, each individual advance from your line of credit must be in an amount of at least $4,000. The maximum amount of your new home equity line, when combined with the dollar amount of all other liens on your home, may not exceed 80% of the fair market value of your home on the date your home equity line  is made. Only one home equity line is allowed on the home at a time and no more than one home equity line may be made on the home within a 12-calendar month period. Other restrictions apply. See a banker for details.

Overdraft option and check access not available in Texas.

4Line of Credit transfers made in personal online banking require the SSN/TIN to match for both the Line of Credit Account and the Checking Account to which the money is being transferred, and limited to a maximum of 3 advances per day. All transfers are subject to certain terms and conditions, including, any requirements or limitations imposed by the Online Banking Agreement, your credit line agreement, and/or applicable law. See a banker for details.

5When using the fixed-rate option, there is a $5,000 minimum amount and $50 fee for each take down. You can have up to four take downs outstanding at any time. Other terms and conditions apply. See a banker for details.