Home Equity


Dream Big with our 2.99% HELOC Special!  Open the door to your own dreams with our Chiphone Home Equity Loan.  Home Renovations, Debt Consolidation, Family Vacation, or College Tuition, the choice is yours!  This offer is available May 6th through June 30th, 2019.  Rate of 2.99% Good for the first (6) months of loan!  Contact our Mortgage Dept. for details.  (574) 294-3606 or email us at info@chiphone.org.

We offer Home Equity Lines of Credit!

Need cash?  Tap into the equity of your home for any of your financial needs!  You may be eligible to borrow $5,000 or more, based on 80% value of your home. Our Home Equity Loan is a revolving line of credit.  Loan limits up to $150,000.00!  There are no pre-payment penalties.

How big of a home equity line of credit can you receive? Click Here and use this calculator to find out!

Intro rate disclosure:
The corresponding ANNUAL PERCENTAGE RATE for all transactions and balances will be based upon your contracted rate which will be a variable rate based upon The Wall Street Journal prime rate which was 3.75% as of 03/15/2017, but will never be more than 18% or less than 5.00%. Intro Rate Discontinued for Payment Default will take effect on the first day of the billing cycle following the sixty-first (61st) day of delinquency. No other discounts apply to the Intro Rate. The total indebtedness secured by the residence (including the Line) cannot exceed 80% of the appraised value of the home.

Contact our Mortgage Dept. @ (574) 294-3606