Home Equity Lines

Tap into your financial "house power" with a First Midwest EquiFlexSM Home Equity Line of Credit.1 It may just be the perfect solution for . . .

  • Emergency funds
  • Home improvements
  • Debt reduction
  • New car, truck, or boat purchase
  • College expenses
  • Taking that overdue vacation
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The First Midwest Home Equity Advantage

Our EquiFlex Home Equity Line of Credit is also the most flexible borrowing solution you can find with exclusive features and benefits:

  • Low rates and tax deductibility – lower rates than a typical credit card or personal loan and the interest may be tax deductible2 
  • 10-year initial draw period – enjoy the borrowing power of a line of credit at a variable rate1 
  • 20-year fixed rate repayment term – no balloon payment! Outstanding balances at the end of the 10-year draw period, automatically convert to a fixed rate term loan1 
  • Fixed rate lock option – lock up to three portions of your line of credit into a fixed rate, and unlock the funds anytime you want to during the initial draw period3 
  • Up to 90% loan-to-value 

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Call 800-241-1749 to get connected with a First Midwest home equity expert, or simply complete your application online right now.
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