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HOME EQUITY LINE of CREDIT |
Similar to a Second Mortgage, but funds are advanced as needed. As the loan is paid back, the funds become available again. |
- Fixed and adjustable rates
- Loan to Value up to 89%
- No closing costs
- Variable interest rate adjusts quarterly and has a 10-year term
- Fixed interest rate loan has a 5-year term
- Simply write a check to access funds in $500 increments
- Interest may be tax-deductible (contact your tax advisor for more info)
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For more information on these products or to schedule an appointment, contact any of our mortgage professionals.
Tiffany Bailey
Mortgage Loan Originator
31 N. 9th Street
Richmond, IN 47374
(765) 973-4269
(800) 548-8138, ext. 269
tbailey@firstbankrichmond.com
Karen Beard
Vice President
Mortgage Lending Officer
31 N. 9th Street
Richmond, IN 47374
(765) 973-4240
(800) 548-8138, ext. 240
kbeard@firstbankrichmond.com
Stephanie Bell
Mortgage Lending Officer
31 N. 9th Street
Richmond, IN 47374
(765) 973-4212
(800) 548-8138, ext. 212
sbell@firstbankrichmond.com
Pam Stoops
Vice President
Retail Lending Manager
31 N. 9th Street
Richmond, IN 47374
(765) 973-4317
(800) 548-8138, ext. 317
pstoops@firstbankrichmond.com
For your convenience, we also offer loan services at each of our indoor branches. Please see the Branch Manager at your nearest First Bank branch.
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