Home Equity Lines of Credit & Loans

Leverage the equity in your home for home improvements, consolidating debt, investing, vacations, paying down student loans and more.

Benefits of Meridian HELOCs and Home Equity Loans

  • No annual fee
  • If you have a Meridian account, you have the option to automatically deduct payments
  • Use our online banking and mobile banking app to check loan balances and make loan payments with funds from your Meridian deposit account

Home Equity Line of Credit (HELOC)

Our HELOC gives you the flexible financing options you need.

  • 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.

  • 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.

Questions? Contact Us!