First Merit Bank Home Equity Products
FirstMerit Bank offers financing options that match customer's budgets. The bank's Home Equity Loan provides money in one lump sum and customers make fixed monthly payments until the loan is paid off. It offers competitive rates on various terms. Customers can borrow up to 90% of the equity and the loan amounts vary from $10,000 to $500,000. The bank's Home Equity Line of Credit has features such as competitive rates on all line sizes, lines of credit up to 90% of the equity, line amounts from $10,000 up to $500,000, flexible repayment options, interest-only repayment option and provides flexibility to make the payment that fits monthly budgets. These loans are available for a major purchase like a car or boat, paying college tuition, planning to consolidate debt or make home improvements.
- Sort by:
- Rating
- Alphabetical
Home Equity Loan
First Merit Bank offers Home Equity Loans and Home Equity Line of Credit. Home Equity Loans provide money… Read More »
Home Equity Line of Credit
First Merit Bank's Home Equity Line of Credit offers competitive rates on all line sizes, with lines… Read More »
Related Stories
Your House Is Not a Retirement Plan
by Amy Hoak
Tapping Home Equity for, Well, Just About Everything
by Jonathan Clements
Package Offers Surprising Loophole
by Brett Arends
Even the Rich Get Home-Equity Yanked
by Marshall Eckblad
Best to send this home-equity-sharing scheme packing
by Chuck Jaffe
Have a Questionabout Home Equity Products?
Ask Steve, our Home Equity guru.
Learn more about Steve »
Steve answered moodyp1's question:
moodyp1 asked:
financing an addition
Responses (2) | Join the discussion »
Guru
Steve answered:
You are right to have concerns for your parents. I am sure they are on a fi...
