IBC Bank offers Home Equity Loans to finance home improvements, education, vacations, major purchases such as a car or boat, or consolidate high interest rate debt. A customer can borrow up to 80% of their home's equity. IBC bank has financial calculators to determine approximate loan and payment amounts. The bank offer loans from $15,000 to $500,000. Terms range from 5 to 20 years. Benefits of Home Equity Loans are: low closing costs and no closing costs programs available, competitive interest rates, fixed monthly payments, loan terms up to 180 months and ¼% rate discount when loan payment is automatically deducted from an IBC checking account. Products available are fixed rate Home Equity Loans and Revolving Home Equity Lines of Credit.