Home Equity Solutions

¹Introductory Annual Percentage Rate (APR) is available for the first 6 billing cycles after the account open date and is subject to initial draw requirements and other exclusions. For lines of credit greater than $50,000, the initial draw must be the greater of 50% of the full line amount or $50,000. For lines of credit less than $50,000, the initial draw must be the full line amount. For properties in Texas, an initial draw is not required; however, if a draw is taken it must be for at least $4,000. Introductory rates are available for new HELOC accounts that are secured by a primary residence. Purchase transactions or refinances of existing Flagstar loans are not eligible for introductory rates. No other discounts are available during the introductory period. Offer can expire at any time.

²This sample APR is for illustrative purposes only and is subject to change. It is based on the Wall Street Journal Prime Rate (WSJPR) Index as of 6/6/2025, plus a margin. Sample APR reflects a primary residence transaction (outside the states of CA or NY) with the following characteristics: qualifying credit score of 760 or higher; loan amount of $200,000 or higher; Combined Loan to Value (CLTV) of 60% or lower. It also includes a 0.250% interest rate discount for setting up automated monthly payments from a Flagstar deposit account prior to closing and continuously maintaining automated payments after closing. Note: ACH discount will only apply after promotional rate expires.

³Flagstar Home Equity Loan (HELOAN) is a fixed-rate and term loan for loan amounts of $10,000 to $1 million with amortization options of 10, 15, and 20 years secured by primary residence; specifically, 1- to 4-unit residential homes and modular homes. The annual percentage rate (APR) of 8.30% APR is effective as of 7/18/2025. The APR calculation is based on a $75,000 loan amount, 20-year term loan in second lien position, with an 80% or lower combined loan-to-value (CLTV), credit score of 760 or higher, and 240 monthly payments of $639.05. The actual APR may vary due to loan programs being offered, lien position, credit history, rates in effect at the time of closing, loan-to-value (LTV), amortization terms, and other factors. The APR is based on loan amount, loan term, interest rate, and includes an estimated 15 days of prepaid interest. The APR may change if the loan amount, interest rate, loan term, or number of days of prepaid interest changes. Interest rate discount of 0.25% is available for HELOANs with monthly automatic payments (ACH) established and elected at the time of closing to be paid from a borrower’s Flagstar Bank deposit account. APR is subject to change at any time prior to consummation. No bank-imposed closing costs. Borrower will be responsible for prepaid interest and all applicable state and government specific charges and taxes. Borrower will be responsible for title insurance fees for refinance land contract transactions or loan amounts greater than $500,000. Property insurance is required; if the collateral is determined to be in an area having special flood hazards, flood insurance will be required as well. Borrower will make monthly principal and interest payments. Borrower is responsible for paying separate property taxes and insurance. Rates apply to new HELOAN accounts and may not apply to existing HELOAN accounts. Borrowers must have verifiable income. Offer not valid in Texas, Puerto Rico, or the U.S. Virgin Islands. Not a commitment to lend. Programs available only to qualified borrowers. Subject to credit approval, underwriting approval, and lender terms and conditions. Programs subject to change without notice. Some restrictions may apply.