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Home Equity Line of Credit¹

Home Equity Loans

Tap into the equity of your home to remodel a kitchen, consolidate debt, pay for school, finance your new business or do almost anything with Interra's Home Equity Line of Credit (HELOC).

  • Fixed rate and variable rateoptions
  • Easy access to your line, just by writing a check
  • No closing costs3
  • Low annual fee4
  • Tax advantages5

It's easy to apply; just click on the button below. For more information, please call Interra or visit any office.

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Additional Resources

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Voted by the readers, the best of the best, 2018, by the Goshen News. The Elkhart Truth, voted the best of Elkhart County, 2018. Voted the Favorite of Elkhart County by The Elkhart Truth, 2018.

1Program rates, terms and conditions are subject to change without notice. All loans are subject to credit approval and collateral review. Rate may vary, based on credit qualifications.
2The annual percentage rate (APR), of the variable rate program HELOC is variable, based on the Prime Rate as published in THE WALL STREET JOURNAL, plus a margin; however, the maximum rate is 6% above the initial rate. For example, if you opened a HELOC at 4% APR, the highest the rate could go during the life of the loan would be 10% APR. The rate is subject to both increase and decrease.
3The credit union will pay for the standard closing costs of a Scope evaluation or AVM (automated valuation model), flood determination, lender's title and recording of the mortgage. The member is responsible for any other charges, if applicable.
4The line is subject to a $50 annual fee on its anniversary date.
5Consult your tax professional to discuss the benefits of deducting the interest you pay.

 


 

Equal Housing Lender ASI

Your savings insured to $250,000 per account.  By members' choice this institution is not federally insured.