EquiFlexSM Home Equity Lines
The First Midwest EquiFlex Home Equity Line of Credit* can give your household budget a boost to help you:
• Make home improvements
• Pay for your child's education
• Consolidate your debt
• Purchase a new car, truck, or boat
• Take that overdue vacation
When you leverage your home's equity (the difference between how much your home is worth and how much you owe on your mortgage), the funds can be used for any purpose, at any time, simply by writing a check or using your First Midwest MasterCard® EquiFlex Card.
Combine your First Midwest EquiFlex Home Equity Line of Credit with a First Midwest Checking account, and you may even qualify for a rate discount! Plus, you'll get 100 Tuition Rewards points plus 5% of the original line amount of your EquiFlex Home Equity Line of Credit.
An EquiFlex Home Equity Line of Credit typically has a lower interest rate than most traditional loans or credit cards, and the interest may be tax-deductible (consult your tax advisor). We offer a streamlined loan application process, and we'll help you get the best possible terms.
Call 800-241-1749 to talk with a First Midwest Banker about how an EquiFlex Home Equity Line of Credit can give your budget a boost.