Home Equity Line of Credit (HELOC)

West Chester, PA

Our Flex HELOC gives you the flexible financing options you need. It’s a home equity line of credit with the ability to lock in a fixed rate and term at any time.

Perfect for the customer who wants

The flexibility to borrow as needed

Interest Rate

Variable with the option to lock in at a fixed rate and term


15 years, interest-only payments-plus, the option to convert any portion of the draw to a fixed rate

Minimum Amount

Minimum draw is $100

Annual Fee


Money Management Tools

Use our free and secure Online Banking and Mobile Banking to get 24/7 access to your account information:

  • Check loan balance
  • Make a loan payment with funds from your Meridian deposit account

Other Extras

  • No application fee
  • Fix your monthly payment by locking up to three fixed-rate term loans with the line at any time
  • Draw as often as desired on funds up to your limit
  • Convert the fixed-rate loan back to a variable rate at any time during the draw period
  • Access funds by transferring to your Meridian account or writing a check
  • Flexible location options for loan closing
  • Automatically deduct payments from your Meridian account

1Consult your tax advisor for more details. See an associate for disclosures and other pertinent information regarding our Home Equity products.