|Home Equity3||Home Equity Line of Credit (HELOC)||Home Improvement||Home Renovation|
||Major Home Updates & Additions|
HOW MUCH CAN I BORROW
|$25,000 - $99,999
(2nd liens no maximum)
|$10,000 - $50,000||$50,000 - $300,000|
|Up to 180 months||120-month draw (interest only payment)
THEN 120-month repayment period (principal & interest)
|Up to 180 months||Up to 180 months|
HOME RENOVATION LOANS
Ready to build that gourmet kitchen or add a mother-in-law suite? Finance your project with our Home Renovation loan.
- Borrow up to 80% of your home’s value after improvement
- Enjoy a fixed rate with amounts from $50,000 to $300,000
- Flexible repayment terms up to 180 months
CONVENIENT PAYMENT OPTIONS
Make your payments quickly and easily through online and mobile banking, by phone or mail, with recurring automatic payments or in your neighborhood financial center.
How much can I borrow?
Explore our calculators to help you make decisions about what type of loan or line of credit might best suit your needs, budget and financial goals.
Ready to discuss your options?
Our experts can walk you through which home equity loan is best for your unique situation.
1. APR = Annual Percentage Rate. Normal credit standards apply. Proof of current property insurance required. Payment example: $50,000 for 60 months at 6.75% APR = $984.17. Monthly payment amounts vary by loan term and rate. 2. Rate discount of 0.25% APR available when loan payment is automatically debited from an Independent Financial account. 3. Loan funds can be accessed after closing. Independent Financial reserves the right to distribute any funds related to debt consolidation. Loan funds cannot be used for student loans, business loans or agricultural purposes.