Home Equity Credit Line

Our great 3.25^% APR* is frozen for the first six months!

A Home Equity Credit Line is a great way to pay for some of life’s most important expenses. Home improvements, tuition, unforeseen medical expenses—even a new vehicle--can all be financed with a low rate home equity line.

Our 3.25% APR is much lower than what credit cards charge. And in many instances, the interest you pay may be tax deductible**. With an Investors Equity Credit line you can:

Borrow from $10,000 up to $500,000
Use funds at any time by writing a check
Make payments and pay interest only on the money you use

Plus, your line is available for as long as you own your home. As your outstanding balance is paid, funds become accessible. There is no need to re-apply. So, if you have a child going to college or if you’re thinking about beautifying your home, open a home equity credit line today for access to cash whenever you need it.

Applying is easy.

1. You can Apply ONLINE now, to start, click HERE.
2. You can download the application here or:
3. Call 888-863-8455 and speak to a home loan specialist
4. Stop by any Investors Savings Bank branch

Rate Information

*INTRODUCTORY RATE OFFER – During a 6-month period beginning on the closing date, the interest rate and Annual Percentage Rate (APR) will be fixed at 3.50% (3.25% with auto-debit described below) regardless of the outstanding balance. The $75 closing fee will be waived and the floor rate noted below will not apply. Thereafter, the interest rate and APR will be variable as follows:

The APR is variable and adjusts according to the Prime Rate as published in the Wall Street Journal. Prime Rate is currently 3.25%. The rate shown includes a discount of .25%. To receive this discount, you must have your monthly payments automatically debited from an Investors Savings Bank checking account. However, in no event will the interest rate ever exceed 15.00% ("the ceiling") or be less than 4.00% ("the floor"). Hazard insurance required.

** The interest on the portion of the credit extension that is greater than the fair market value of the dwelling is not tax deductible for Federal income tax purposes; consult your tax advisor for further information regarding the deductibility of interest and charges.