Secure a Smartest Home Equity Line of Credit and use it as you need it to finance a remodeling project, fund a dream vacation, purchase a boat or vehicle, cover wedding costs, or even consolidate debt. Your local German American lenders will help you understand how much you might be able to borrow based on the equity in your home.
Low interest rates
Rates are generally lower than conventional consumer loans.
Automatic payment option
Monthly payments can be automatically deducted from your checking account. Or, you can set up recurring payments in Online Banking.
Free check writing
Up to four checks monthly.
Interest may be tax-deductible
Consult with your tax advisor.
Monthly statements detail your account activity and payments due
*No annual fee. Annual percentage rate is accurate as of 11/1/18 and applies to new Home Equity accounts. The annual percentage rate in effect is 5.25% with loan-to-value of 80% or less and a credit score of 720 or above. If your credit score is lower than 720 and/or your loan-to-value is higher, your interest rate may be higher. Rate is variable and subject to change. APR will not exceed 21% or the maximum rate allowed by applicable law. Requires a checking account with us. Subject to credit and underwriting approval. Property Insurance is required. If your line closes within 12 months from the opening date, you will have to pay a $250.00 early termination fee.