Home Equity

In Celebration of our 70th Anniversary we are offering .70% APR!

We are offering a special rate of .70% APR* for 7-months.  Ask for details.
Need cash for remodeling, consolidate bills or even for your child's college needs? You may be eligible to borrow $7,000  or more, based on 80% value on your home. Our Home Equity Loan is a revolving line of credit. You can borrow up to $150,000.00. There are no pre-payment penalties, and the special interest rate will revert back to a floor rate of 5.00% APR after 7-months.  
Intro rate disclosure:
For each of your first seven (7) billing cycles, the monthly Periodic Rate will be an ANNUAL PERCENTAGE RATE (APY) of .70%. Beginning with your eight (8th) billing cycle the Periodic Rate and 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 fair market value of the home.

Elkhart, 574-294-3606, CR 6, 206-2151, CR 17, 294-2420, Nappanee, 773-2428 or Middlebury, 825-7883.  For Merrillville call 219-738-3249.