Home Equity Line of Credit
Similar to a Second Mortgage, but funds are advanced as needed. As the loan is paid back, the funds become available again.
- Loan to Value up to 89%
- No closing costs
- Variable interest rate adjusts quarterly and has a 10-year term
- Fixed interest rate has a 5-year term.
- Simply write a check to access funds in $500 increments
- Interest may be tax-deductible (contact your tax advisor for more info)
For more information on these products or to schedule an appointment, contact any of our mortgage professionals.
(800) 548-8138, ext. 212
(800) 548-8138, ext. 240
Mortgage Loan Officer
Sr. VP/Retail Lending Manager
(800) 548-8138, ext. 317
(765) 478-4451, ext. 704
VP/Cambridge City Branch Manager
For your convenience, we also offer loan services at each of our indoor branches. Please see the Branch Manager at your nearest First Bank branch.
Note: Please do not include any personal or account information when submitting an e-mail. E-mail messages are not encrypted. If you need to give personal or account information, please telephone us or stop by one of our convenient locations.