Your Home Equity Can Take You Further.
As a homeowner you already hold a powerful tool: your home equity. A home equity loan gives you a lump sum up front with predictable payments. A HELOC works more like a line of credit that is available when you need it. We're here locally to help you decide what fits your goals.
Meritrust Home Equity Loan Experts
Big financial decisions are easier with the right support. Our team is here to help you explore your options with flexible terms and low fixed rates. They're experts at getting you the funds you need for anything: home improvement, debt consolidation, vacation, college tuition – it's up to you.
Home Equity Loan
Need a set amount with a fixed expense? A home equity loan gives you a one-time lump sum with a fixed rate and predictable monthly payments, great for planned projects like home renovations or consolidating debt.
Here's what you can expect from a home equity loan:
- One-time Lump Sum
- Fixed Interest Rate
- Predictable Monthly Payments
- Set Repayment Term
- Good for Large Planned Expenses
- Know How Much You’re Borrowing Up Front
Primeline Home Equity Line of Credit (HELOC)
Want more flexibility in how and when you borrow? Maybe you need to fund your kitchen remodel or handle unexpected costs over several months. A HELOC works like a line of credit, allowing you to borrow from available credit as needed rather than receiving one sump sum upfront for ongoing access and flexibility.
Here's what you can expect from a Primeline HELOC:
- Access Funds as Needed
- Variable Interest Rate
- Monthly Interest Only Payments Can Vary Based on Rate and Balance
- Borrow, Repay and Borrow Again During the “Draw” Period
- Good for Ongoing or Changing Expenses
- Use Only What You Need, When You Need It
- 10-year Draw Period with Interest-only Payments During the Draw Period
- 10-year Amortized Repayment Period Following the Draw Minimum Credit Limit
- $10,000 Maximum Credit Limit: $350,000 Up To 90% Combined Loan-to-value (CLTV)
Your Home Equity Loan Professionals
Beth Lindsey
KS Home Equity Loan Originator - NMLS: 2000068
Address: Meritrust Center, Wichita, KSCell: (316) 219-7797
Email: beth.lindsey@meritrust.org
I have nearly 30 years of experience in the financial service industry, including 23 years in real estate lending and six as a mortgage loan officer. I'm passionate about helping members feel confident in their financial wellness and comfortable throughout the lending process. The most rewarding part of my work is helping members achieve their goals and turning their dreams into reality.
Molly Ellison, CCUFC
KS Home Equity Loan Originator - NMLS: 2835907
Address: Meritrust Center, Wichita, KSCell: (316) 651-5139
Email: molly.ellison@meritrust.org
I have a true passion for empowering and educating our members about their home options. While the mortgage process may seem daunting for a first-time buyer, I use my role to coach and comfort my borrowers through what should be an exciting time. I'm a longtime Wichita resident and have always considered it my home. If you're ready to work with someone who will put you first during this journey, contact me today.
