Home Equity Loans & Lines

Personal Banking / Home Equity Loans & Lines

Make Your Dreams Come True with a Variety of Loan Options

Looking to lower your monthly payments, renovate your home, finance a college education or purchase a car? Centier can show you how to leverage your home's established equity and provide your best financing solution. You'll get expert advice every step of the way, from application through closing.

3 Easy Ways to Apply

Apply Online, By Phone, or Contact Any Branch

Apply by phone with Centier LoanLine

In addition to applying online or at any of Centier's convenient locations, you can apply for your consumer loan by phone with Centier's LoanLine. Just call Centier's Client Service Center at (219) 756-BANK, (219-756-2265) in Lake County or 1-888-CENTIER, 1-888-236-8437 elsewhere.

Visit Our Loan Calculator Page

Loan Calculators

Need help? Our financial calculators will assist you in planning, estimating, and exploring your financial options.

Home Equity Lines of Credit

Home Equity Lines of Credit

Borrowing based on the equity in your home. Centier offers both variable-rate and fixed-rate equity lines to suit your needs. A Home Equity Line of Credit gives you the convenience of accessing funds now or in the future. You decide when and how to use your money.

  • Choose between a fixed or variable rate
  • 10 year period to access funds, followed by a 10 year repayment period
  • Borrow up to 90% LTV1
  • No appraisal or title fees2
  • No closing costs2
  • No prepayment penalties
  • Access funds via VISA® card or checks^

Home Equity Loans

Borrow a fixed amount based on the equity in your home. You get the convenience of a low fixed-rate and extended terms to fit your budget. Great for debt consolidation, home renovations or large one-time purchases.

  • Fixed rate for the entire term of the loan
  • Extended terms available
  • Borrow up to 90% LTV1
  • No appraisal or title fees1
  • No closing costs1
  • No prepayment penalties1
Home Equity Loans

Home Improvement Loans

Home Improvement Loans

We offer special rates on Home Improvement Loans. Part of the funds must be used specifically for home improvement purposes.

Disclosures

Secure and Fair Enforcement for Mortgage Licensing Act (S.A.F.E. Act)

The SAFE Act requires Mortgage Loan Originators (MLOs) employed by federally insured depository institutions to register with the Nationwide Mortgage Licensing System and Registry ("the Registry") and to maintain and renew their registration in that system annually. Click on the link below to view Centier employees registered with the Nationwide Mortgage Licensing System and Registry.

SAFE Act Registered Employees

1 90% LTV and no Fee applies only to owner occupied single-family primary residences located in our normal lending area. Does not apply to non-owner occupied rental, second homes, duplex, multi-family, bridge loans, or temporary financing. Please note - Centier Bank installment loans are available only in our normal lending area.

If the application is submitted after normal business hours, it may take up to two business days to validate your requested information.

2 No Fee applies only to owner occupied single family primary residences located in our normal lending area. Does not apply to non-owner occupied rental, second homes, duplex, multi-family, bridge loans, or temporary financing.

*Terms and conditions subject to change without notice. Subject to credit approval.

**80% LTV on single family, owner occupied, primary residence. Additional terms available for loans under $25,000, LTV’s up to 90%, and for fixed rate equity lines. As of 7/21/17, Prime Rate was 4.25%. Rates vary and are indexed .50% above Wall Street Journal Prime for lines $25,000 to $99,999, and .25% above Wall Street Journal Prime for lines $100,000 and over. APR = annual percentage rate. Maximum APR 17.90%. For example, the monthly payment on a $25,000 line would be 1% of the balance, or $250.98 The monthly payment on a $100,000 line would be 1% of the balance or $1,003.70. Payments do not include amounts for taxes and insurance. Line of Credit term is 10 years for access and payment followed by 10 years for repayment only. Payment of only the minimum monthly payment may result in a balloon payment at maturity. Interest only payment also available. Waiver of $50 annual fee does not apply to balance refinance of existing Centier equity lines unless within 60 days of end of draw period or maturity. ^A fee may apply at foreign ATM locations. Terms and conditions subject to change without notice. Subject to credit approval. Offer expires 9/30/17.

Customer Notice: To assist the government fight the funding of terrorism and money laundering activities, federal law requires all financial institutions to obtain, verify and record information that identifies each person who opens an account. When you open an account, we will ask for your name, address, date of birth, and other information that will allow us to identify you. We may also ask to see your driver's license or other identifying documents. Thank you for your cooperation.

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