Limited Time HELOC Special
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Unlock Your Home's Value While Locking in a Great Rate
Are you thinking of a spring or summer remodel or renovation project? OR do you have any large purchases or expenses on the horizon? Consider a HELOC from United Bank & Trust! With a limited time, introductory rate of as low as 4.99% APY*, you'll have peace of mind knowing you can access the funds when you need them.
Our HELOC offers a convenient 10-year draw period, with low processing costs and no prepayment penalty. Simply apply and continue to borrow throughout the 10 years, as needed. You can advance your HELOC at any time, through online/mobile banking transfers, automatic overdraft balance transfers, or by calling or stopping in the bank. It's that easy!
HELOC Features
- Fixed Rate as low as 4.99%* for the first 6-months. Variable interest rate thereafter.
- Access funds when you need them
- Revolving line of credit - allows you to borrow and pay down, then borrow again as needed.
- Monthly repayment amount based on outstanding balance
- Credit available up to 80% of your combined loan to value.
- Interest may be tax deductible (Consult your tax advisor)
- Funds may be advanced through online/mobile banking transfers, phone transfers, or in person.
- Automatic Overdraft Balance Transfer is available
- Homeowner's insurance is required
Use Your HELOC for:
- Home Improvements
- Landscaping
- Remodeling
- Education Expenses
- Emergencies
- Vehicle Purchases
- And More!
Apply Today!
Use our easy online application, or call or visit us at one of our convenient locations!
Apply Online OR Finish Existing Application
Contact Us
Contact one of our Home Equity specialists today:
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Mary Holland or Brandi Morris
641-753-5900
[email protected]
Mortgage Loan Originator Listing
*Promotional rate of 4.99% Annual Percentage Rate (APR) for 6 months is available for new applications submitted now through June 30, 2025. Subject to loan approval. Thereafter, rate will be variable and is based upon your creditworthiness and property’s value. Rates range from 7.50% APR to 8.25% APR (based upon the Prime Rate as the index as published in the Wall Street Journal plus a margin), as of April 15, 2025, and is subject to change without notice. These rates may change due to an increase or decrease in the Prime Rate, however will never be less than 5.00% APR, or more than 21.00% APR. 120-month term, minimum loan amount of $10,000, maximum loan to value 85%. Promotion excludes home purchase loans, refinances of home loans, and loans for business purposes. Applies to owner-occupied residential real estate only. Property insurance required. Consult a tax advisor regarding potential deductibility of interest.
Closing costs apply, approximately $570 plus appraisal fee, if required. No application, annual, or non-use fees associated with this product. No prepayment penalty.
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