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HOME EQUITY LINE OF CREDIT

Do more than just live in your home. Hello, HELOC.

Let’s put your home equity to work for you.

Major renovations or minor repairs. College financing or consolidating debt. Unexpected expenses or emergency reserve. Tap into your home equity for planned or unplanned needs.

COMPETITIVE HELOC RATES

Using your home equity as collateral

REVOLVING CREDIT

That we replenish as you repay principal

FLEXIBLE TERMS

From short-term to one-time needs

APPLY ONCE

And pay interest* only on the funds you draw

AUTO PAYMENTS

With monthly account deductions you set

LOCAL DECISIONS

And processing from friendly, helpful lenders

How do HELOCs work?

A home equity line of credit is revolving credit that uses your home equity as collateral. You apply once, tap into your line as needed and pay interest only on the funds you draw.* Once you’re approved, we set a credit limit based on your needs and credit history.

 

REVOLVING CREDIT, EASY ACCESS


As you repay the principal, more funds become available for use. Access funds via mail, in person, online or phone transfers to your F&M checking account online. Simplify your money management by setting up automatic payments.

  • Flexible repayment terms
  • Funds available anytime without reapplying
  • Revolving credit
  • Uses your home equity as collateral
  • Automatic payments available
  • Local decision-making and processing
 *Interest may be tax-deductible.

What’s it like banking with us? See for yourself.

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Find us across Ohio, Indiana and Michigan. Or right here online.

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