Use the equity in your home to apply for a VISA® Gold Home Equity Card. The VISA® Gold Home Equity Card works just like a home equity loan with the convenience of a VISA® Card. You can use your card for purchases such as home improvement repairs, vacations, or get a cash advance. Plus, some of the interest on this loan may be tax deductible. Consult your tax advisor for eligibility. To apply, contact our Mortgage Department at 317.916.7700.
The VISA® Gold Home Equity Card also boasts these benefits:
- Low variable rate - tied to prime*
- No closing costs**
- Borrow up to 90% of equity in home
- $5,000 minimum line of credit
- $100,000 maximum line of credit
- Get reassurance that only you can use your VISA® card online. Protect your VISA® Gold Home Equity Card online with a personal password.
Frequently Asked Questions (FAQs)
Subject to underwriting guidelines. Rates may vary depending on the amount borrowed and the equity in your home. Property insurance is required. Indiana residents only. Borrower's primary residence only. Consult your tax adviser regarding deductibility of interest.
* The variable ANNUAL PERCENTAGE RATE is subject to change monthly and minimum monthly payments can change as a result. Maximum ANNUAL PERCENTAGE RATE on the VISA® Gold Home Equity not to exceed 18%.
** Your account requires title, appraisal, flood and recording fees. These closing costs will be paid by Financial Center. If loan is paid off within the first two years, member will repay closing costs.