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 include low closing costs with no closing costs programs available, competitive interest rates, fixed monthly payments and loan terms up to 180 months, 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.