Unlock your home's potential with a Home Equity Line of Credit.
Use it to tackle big goals like a remodel, consolidate debt, or fund your next great adventure. With no up-front fees or closing costs in most cases, your money goes towards what matters.1
No closing costs1
mean big savings
Use your money
your way
10 years to spend it,
10 years to repay it
What members are saying...
"The level of dedication and service is exactly why I continue to bank with Everwise. I was especially impressed with the speed and professionalism throughout my recent experience purchasing my home—I truly could not ask for better!"
Adam F.
Plymouth, IN
"I'm deeply grateful for Everwise's programs, and the exceptional support. As a single mom who once felt everything was out of reach, I can confidently say, if I can do it, so can you!"
Brenda E.
Warsaw, IN
"I recently purchased a home through Everwise, and the exceptional friendliness of everyone I encountered made a lasting impression. Everything was handled with the highest level of professionalism and efficiency."
Jean W.
Mishawaka, IN
Home Equity Application Checklist
Make sure you have these documents ready before you apply. And please note, additional documents may be required depending on your specific circumstances.
W2 Wage Earner:
- Pay stubs for the most recent 30-day period
- Social Security Award Letter (if applicable)
Self-Employed:
- Past two years' personal and business (corporate/partnership) tax return forms and schedules
- K-1s for prior two years if applicable
Rental Income:
- Past two years' personal tax return forms and schedules
- Copy of Homeowner’s Insurance Policy
Additional Information (if applicable):
- Divorce decree and property settlement – signed
- Bankruptcy papers
- Trust documents
Tap into your equity. Unlock the potential.
Your funds will typically be available in just two weeks.
Offer ends 12/31/2025
Big dreams deserve simple banking.
At Everwise, we put you first, helping you to grow and secure your finances so you can live life confidently.
*APR = Annual Percentage Rate. The Home Equity Line of Credit (HELOC) is offered for primary residences only (1st or 2nd mortgage). Not for commercial use. Not all borrowers will qualify for lowest rate of 7.50%. Lowest rate offered is based on max LTV of 80%. As of September 2025, rates range from 7.50% to 9.50% based on credit score. Variable rate loan. Rates adjust monthly based on the Prime Rate as published in the Wall Street Journal, and the APR will vary from a low of 3.00% to a maximum of 12.00%. The minimum approved credit line is $10,000 and the maximum is $250,000. Loans subject to a ten-year (10) draw period and ten-year (10) repayment period. Homeowners Insurance is required. Flood Insurance may be required. Property must be located in Indiana or Michigan.
1 Associated costs: There are no closing costs, however if a full internal/external appraisal is required or requested, you will be required to pay an appraisal fee of up to $750. All third party fees associated with opening your account are waived if you keep your home equity line of credit open for 36 months. If you close your home equity line within 36 months from the date it is opened, you will have to reimburse us for up to $500 of any third-party closing costs that were waived (unless refinancing with Everwise).