Home Equity Line of Credit
Use your Line of Credit for all sorts of projects!
This is an adjustable rate Line of Credit providing quick access to your available funds. You choose what is most convenient for you: a check, cash, or a deposit to an existing Savings or Checking account. To access your money, you may come in, call , or use ConnectLine or NetTeller.
The variable rate is the Prime Interest Rate for loans up to 80% loan to value (LTV) with a floor of 5%. For loans over 80% to 90% LTV, the rate is Prime Rate plus .75% with a floor of 5%. The rate adjusts twice annually in February and August.
Here are the features:
- Up to 12 year Repayment
- Minimum Line of Credit is $10,000
- Maximum Line of Credit is $150,000
- Five year renewable advance period
- $100 per month minimum payment
- $5000 minimum advance must be taken at closing
- $500 minimum subsequent advances
- First three advances per quarter are free; $5.00 per additional advance
Click here to view our current Home Equity Loan Rates.
Are you interested in a Home Equity Line of Credit?
Go to our informational page which also has links to the required documents you must complete.
Or, just visit or call one of our Home Loan Specialists:
- At Mid-Continent , please call Ashley , 316.517.1999 for questions, FAX - 316.517.7668
- At Pawnee, please call Cathy, 316.831.4045, if you have a question, FAX - 316.831.4958
- At Independence, please call Lisa, 620.332.0227 for information, FAX - 620.332.0232
