Now is a great time to borrow with a Harris Home Equity Line of Credit. At Harris, you may qualify to borrow up to 80% of the equity in your home. This high lending limit could make a big difference -- you may be able to borrow more money. To determine how much you may qualify to borrow, click on the calculator to the right.
Borrow only what you need and save!
The flexibility of our Home Equity Line of Credit is ideal whether you plan to borrow your funds all at once or over a period of time. You can simply tap into your line as you need it up to the amount of your available credit limit. You pay interest just on the amount you have actually borrowed - not the amount of the line.* A Harris Home Equity Line can potentially save you hundreds of dollars over other loans!
Easy account access You’ll have convenient access to your home equity line of credit wherever you are and whenever you need it. You can access your home equity line of credit by using checks, your Harris Equity Access Card by MasterCard®, online, in branch or over the phone.**
A home equity line of credit gives you convenient access to the extra money you need through our Harris Equity Access Card. Use it at millions of locations worldwide, anywhere MasterCard credit cards are accepted.
Fixed Rate Lock Option Available***
You can take comfort in knowing that with our special Fixed Rate Lock Option, you can lock in a fixed interest rate on all or a portion of your outstanding balance so you don’t have to worry about future rate increases.
For more information or to apply by phone, call 1-800-546-6101
1.
We cannot lend money outside of the United States of America.
2.
Loan products are available in Illinois, Indiana and Wisconsin only. For information about our product offerings in Florida, Arizona, Washington, or other states please contact a Harris Sales Representative at 1-800-546-6101.
*
If you choose to make minimum monthly interest payments, you will not repay the principal outstanding on your account. You will be required to pay the entire outstanding balance in a single payment when the 10 year draw period ends.
**
The Harris Equity Access Card may not be available in all states. MasterCard and the MasterCard Brand Mark are registered trademarks of MasterCard International Incorporated.
***
If the Fixed Rate Lock Option is selected, there
is a $50 fee FINANCE CHARGE each time you exercise this conversion option.
The minimum lock amount is $5,000. The APR for each rate lock feature
will be a fixed rate equal to 18%. We may at our sole discretion provide
a rate lock feature at a discounted APR that is lower than the above-stated
rate. A recent APR that we used for the fixed rate feature is 6.99% and
the APR does not include costs other than interest.
****
Closing costs paid by Harris are limited to appraisal, flood determination, title insurance and recording fees. Costs to satisfy certain prior liens may be assessed.
*****
Consult your tax advisor regarding the deductibility of interest.
Harris® is a trade name used
by Harris N.A. and its affiliates. Member FDIC.
Third
party web sites may have privacy and security policies different
from Harris. Links to other web sites do not imply the
endorsement or approval of such web sites. Please review the
privacy and security policies of web sites reached through links from
Harris web sites.
Brokerage products offered through
Harris Investor Services, Inc. registered broker/dealer, member
FINRA/SIPC, SEC-registered investment adviser. Insurance and annuities
offered through Harris Bancorp Insurance Services, Inc. Harris
Investor Services, Inc. and Harris Bancorp Insurance Services, Inc.
are affiliates of Harris N.A. and its banking subsidiaries. Products
offered are: NOT A DEPOSIT - NOT INSURED BY THE FDIC OR ANY
FEDERAL GOVERNMENT AGENCY - NOT GUARANTEED BY ANY BANK - MAY LOSE
VALUE.
United States Department of Treasury Regulation Circular 230 requires that we notify you that, with respect to any statements regarding tax matters made herein, including any attachments, (1) nothing herein was intended or written to be used, and cannot be used by you, to avoid tax penalties; and (2) nothing contained herein was intended or written to be used, and cannot be used, or referred to in any marketing or promotional materials. Further, to the extent any tax statement or tax advice is made herein, Harris N.A. does not and will not impose any limitation on disclosure of the tax treatment or tax structure of any transactions to which such tax statement or tax advice relates. Harris N.A.does not provide legal advice to clients. You should review your particular circumstances with your independent legal and tax advisors.
Third
party web sites may have privacy and security policies different
from Harris. Links to other web sites do not imply the
endorsement or approval of such web sites. Please review the
privacy and security policies of web sites reached through links from
Harris web sites.