What you'll get

  • Equity Based Limit: A loan amount based on home equity, not just income and credit history.
  • Low Interest Rates: Better rates than most unsecured loans or credit cards.
  • Convenient Access: Tap into your funds whenever you need them.
  • Interest Savings: Only pay interest on the amount you’ve actually used.
  • Revolving Credit: Borrow again as you repay the balance.

Visit any of our Fort Wayne area banking centers to apply. The process is quick and easy.  If you have any questions, please give us a call.

The Annual Percentage Rate (APR) is subject to credit approval and is available for owner-occupied, 1-4 family dwellings in Indiana with up to 80% loan-to-value. To open the plan, a minimum credit line of $5,000 is required, with a minimum draw of $250. Hazard insurance and a 1st Source Easy Banking Club Checking account are mandatory. Additional finance charges may include a $49 annual fee. The APR is variable, based on the Prime Rate as listed in the Money Rate column of the Wall Street Journal, NY-US Edition, as of April 7, 2025. The APR may adjust monthly, ranging from a minimum of 3.50% (Floor Rate) to a maximum of 18.00% (Ceiling Rate). After the 10-year draw period, a 7-year repayment period will commence, with minimum monthly payments equal to 2% of the outstanding balance or $50, whichever is greater. If these payments do not fully repay the principal, a single balloon payment may be required at the end of the term. Special offering is available for a limited time only and ends on June 30th, 2025 (subject to change). Applications must be submitted by June 30th, 2025.