Leverage the equity in your home for home improvements, consolidating debt, investing, vacations, paying down student loans and more.
Home Equity Lines of Credit & Loans
Home Equity Line of Credit (HELOC)
Your HELOC gives you the flexible financing options you need.
- No Annual Fee
- Interest Rate: Variable
- Term: 15 years, interest-only payments
- Minimum Loan Amount: $25,000
- Minimum Draw: $100
- Draw Period: 180 months
- Other Extras:
- Ability to draw multiple times on funds up to your limit
- Access funds by transferring to your Meridian account or writing a check
- Flexible access to funds
- Continuously borrow up to an approved limit
Home Equity Loans
Borrow against the equity of your home with low fixed rates and flexible terms on specific amounts.
- No Annual Fee
- Interest Rate: Fixed
- Term: Up to 20 years
- Minimum Loan Amount: $25,000
- Other Extras:
- Lump sum upfront
- Equal monthly payments
- Interest may be tax deductible 1
1 Consult your tax advisor for more details. See an associate for disclosures and other pertinent information regarding our Home Equity products.
Meridian Makes it Easy
- With your Meridian personal checking account, payments can be automatically deducted.
- Use Meridian digital banking to check loan balances and make loan payments with funds from your Meridian deposit account.
