Home Equity Lines of Credit (HELOC)

^* Information Regarding the Fixed-Rate Choice HELOC (FRC HELOC): Available only to United States citizens or resident aliens with a valid U.S. Taxpayer Identification Number. FRC HELOCs have a draw period of 10 years followed by a repayment period of 20 years, during which no advances may be made, resulting in a total loan term of 30 years. During the draw period, you may convert all or a portion of your outstanding FRC HELOC balance to a Fixed-Rate Loan Option (FRLO) for a term of 1, 3, 5, 7, or 10 years, resulting in fixed monthly payments on such balance at a fixed interest amortized over the selected term; provided, the fixed term does not extend beyond the draw period of the line. The minimum amount for an FRLO is $1,000 in Florida. No more than 5 FRLOs may be outstanding at one time. Hazard, liability, and windstorm insurance are required. Flood insurance may be required. Subject to credit approval and program requirements.

¹ The Annual Percentage Rate (APR) for a FRC HELOC is variable and is based on the Prime Rate published in the Wall Street Journal (7.00% as of 10/30/2025), plus a margin. This APR is based on an “auto-pay” discount of 0.25% for Amerant Bank checking account customers. To qualify for the “auto-pay” discount, payments must be made via automatic payment from an Amerant Bank checking account which must be open and funded prior to closing. The discount may be terminated upon closure of the qualifying checking account. Your APR may vary based on credit history, property type, occupancy, lien position, line amount and other factors. At no time will the APR exceed 18%. Rates and programs are subject to change without notice. Contact us for current rates. Interest rate discounts may be available, ask us about Amerant Preferred. All advances will be subject to the variable rate APR according to the terms of the account agreement. Discounts are subject to change at any time and cannot be combined with any other offer or discount. Proceeds from advances made at closing cannot be used to pay off existing Amerant loan balances. Certain eligibility requirements and restrictions apply for lines greater than $1,000,000.

² Amerant Bank will pay closing costs on lines of credit of up to $350,000. For lines of over $350,000 and up to $2,500,000, closing costs may range from $1,000 to $26,500. For loans originated in Florida: Lines of over $350,000 will receive a $2,500 credit towards closing costs. A $500 early closure fee may apply if the line is closed within 2 years from account opening. A $75 annual fee will be charged to your home equity line beginning on the first anniversary of the date on which you opened your account.

For more information on Home Equity products, refer to “What You Should Know about Home Equity Lines of Credit,” a consumer information booklet prepared by the Consumer Financial Protection Bureau. Consult your tax advisor concerning interest deductibility.