With a 5-year draw and 15 years to repay*, our HELOC simplifies the most complicated part of your project – paying for it.
Key Features
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Competitive Rates
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Quick Decisions
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Local Processing
First Financial Home Equity Line of Credit Loans Offer:
- Competitive rates for short-term or one-time needs:
- Major life events
- Home remodel projects
- Debt consolidation
- And more!
- The existing equity in your home is used as collateral
- Flexible Lines of Credit available means the money is there when it is needed most
- 5-year draw with 15 years to repay*
- The interest paid might be tax deductible1
- Local decision-making and processing
- Dedicated, friendly service from start to finish
*Federally insured by NCUA. An Equal Opportunity Lender. Membership eligibility required. A manufactured home cannot be used as collateral for a home equity loan or line of credit. All HELOC loans have a $35.00 annual fee to have access to the line of credit. APR=Annual Percentage Rate. Subject to credit approval, minimum credit score of 640. Rates are based on an evaluation of credit history and lien position. Home Equity Line of Credit is a revolving credit line. Maximum loan amount is 90% LTV for 240 months up to $250,000. Exceptions to LTV and maximum loan amount may be made on a case-by-case basis. Term of 240 months consists of 5-year draw period followed by 15-year repayment only period. There are no pre-payment penalties. Borrower is responsible for homeowners’ insurance and, if required, flood insurance. Home Equity Line of Credit is a variable APR (Annual Percentage Rate) based on the value of an index plus a margin and is subject to increase. The index is the Wall Street Journal (WSJ) Prime Rate published in the Money Rates column of the Wall Street Journal and is 6.75% as of 12/12/2025. When a range of rates has been published, the highest rate will be used. The current margin could range between 1.00% - 5.00% and is subject to change based on your credit score. The HELOC has a floor of 4.00% and a ceiling of 18.00%. The annual percentage rate can change semi-annually on the first of January and July. There is no limit on the amount by which the annual percentage rate can change during any one-year period.
1Consult a tax advisor.