Home Equity Loans, Home Equity Loan, Home Equity Line of Credit, Home Equity Lines of Credit from FirstMerit - Serving Akron, Ashtabula, Canton, Cleveland, Columbus, Elyria, Medina, Toledo, Columbus, Ohio

FirstMerit Home Equity

Raise the roof, fix the roof or even replace the roof – no matter what you want to do, a FirstMerit Home Equity Loan or Line of Credit can make it all possible. There's value in your house. Let us help you get the most from the place you call home.

Home Equity Loans If you prefer the stability of borrowing a single amount for a specific purpose, think about a FirstMerit Home Equity Loan. You receive your money in one lump sum and make fixed monthly payments until the loan is paid off. Competitive rates on various terms Borrow up to 90% of the equity (market value less the outstanding mortgage balance) in your home Loan amounts from $10,000 to $500,000 Learn more » \| Apply now » For Rate Information Call 1-800-41MERIT(1-800-416-3748) Visit your nearest FirstMerit branch		Home Equity Line of Credit If flexibility is a priority, a FirstMerit Home Equity Line of Credit is the answer. Apply once, and then borrow whatever you like up to your limit. As your balance is paid down, your credit line is restored. Competitive rates on all line sizes Lines of credit up to 90% of the equity (market value less the outstanding mortgage balance) in your home Line amounts from $10,000 up to $500,000 Flexible repayment options Interest-only repayment option so you have the flexibility to make the payment that fits your monthly budget (paying only the minimum monthly payment will result in a balloon payment at maturity) For added convenience, pay for your purchases with a check or Home Equity Visa® card, which draws funds directly from your Home Equity Line of Credit Fixed Rate Lock Option gives you optimal flexibility Learn more » \| Apply now » For Rate Information Call 1-800-41MERIT(1-800-416-3748) Visit your nearest FirstMerit branch