Home Equity Line of Credit
Put your home's equity to work for you! A MainSource Home Equity Line of Credit usually features a lower interest rate than other types of loans because it’s secured by the equity in your home.
- Easy access by transferring Home Equity Line of Credit (HELOC) funds to your checking account through Online Banking
- Ten-year maturity1
- "Interest only" payment option
- Option to convert balances to fixed rate/fixed payment
- Possible tax deductability of interest2
Home Equity Loan
Our Home Equity Loan gives you the benefit of using your home's equity to make that large much-needed purchase but with a fixed interest rate and a predictable fixed monthly payment.