Home Equity Options

When you want to finance big expenses, your Ohio, Michigan, Indiana or Pennsylvania home could be the financial foundation. Premier Bank Home Equity Loans and Lines of Credit allow you to access the equity in your home for major projects or purchases.

Our smart home equity options can be used for home renovations, debt consolidation, college tuition, a vacation or anything else you want to finance with a lower rate.

Home Equity Loans

A home equity loan borrows against your home’s equity and is delivered to you in one lump sum. Our smart home equity options can be used for home renovations, debt consolidation, college tuition, a vacation or anything else you want to finance with a lower rate.

The temperatures have dropped and so have our Rates.

Take advantage of our Home Equity Loans Specials.

Benefits

First Lien1

 Pay off a higher rate mortgage with lower fees than refinancing with our first lien rate.

Second Lien2

Or tackel home projects or pay tuition, trips and more with our second lien rate. 

Get Started

Offers end February 28th. Apply Online or at your local branch

Apply Now

 

Home Equity Lines of Credit (HELOC)

A HELOC also borrows against your home’s equity but allows you to spend the borrowed money as you need it. Some advantages of a HELOC are:

  • Multiple terms available at variable HELOC rates
  • Access your equity by writing a check or debit card
  • Borrow only the amount of money you need, when you need it
  • As you repay the money, it becomes available for you to re-borrow

Apply Now for a HELOC  

 

Disclosure:

1 Payment example as of 12-28-2020. 3.25% rate / 3.52% Annual Percentage Rate (APR). Payment example based on a $10,000 loan. 15 year mortgage will be paid in 180 monthly principal and interest payments of $70.27 each. The payment example does not include taxes, homeowners and mortgage insurance. Your total payment will be higher with taxes and insurance. Minimum loan amount of $10,000. Maximum loan amount of $250,000. Subject property must be owned and occupied by applicant as a primary. A maximum LTV of 85% for loans in the first lien positon. Credit score of 700 or higher required. No annual fees. Customer pays all fees to set-up the account. Must be new money. Property insurance is required. Flood insurance may be required. Offer of credit is subject to credit approval. Subject to change without notification. Offer expires February 27, 2021. Member FDIC

2 Payment example as of 12-28-2020. 3.75% Rate / 4.02% Annual Percentage Rate (APR). Payment example based on a $10,000 loan. 15 year mortgage will be paid in 180 monthly principal and interest payments of $72.73 each. The payment example does not include taxes, homeowners and mortgage insurance. Your total payment will be higher with taxes and insurance. Minimum loan amount of $10,000. Maximum loan amount of $250,000. Subject property must be owned and occupied by applicant as a primary. Maximum LTV of 80% for loans in the second lien positon. Credit score of 700 or higher required. Payments will be monthly principal and interest. No annual fees. Customer pays all fees to set-up the account. Must be new money. Property insurance is required. Flood insurance may be required. Offer of credit is subject to credit approval. Subject to change without notification. Offer expires February 27, 2021. Member FDIC