Financial Center’s home equity line of credit (HELOC) is a revolving line of credit that uses the equity in your home as collateral. Money is accessed via transfer, check or branch visit.
- Use it for anything… vacation, home improvements, debt consolidation or even school tuition
- Borrow up to 90% of your home’s equity
- Initial draw period of 5 years with a 10 year repayment term
- Interest may be tax deductible*
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*Subject to underwriting guidelines. Rates may vary depending on the amount borrowed and the equity in your home. Property insurance required. Indiana residents only. Borrower’s primary residence only. Consult your tax advisor regarding the deductibility of interest.
