All lending products are subject to application and credit approval. Home equity loans and lines also subject to acceptable appraisal and title search.
Equity in your home.
A home equity line uses the equity in your home as collateral to guarantee the loan. This reduces risk to the bank on this loan, allowing you to enjoy a lower interest rate compared to an unsecured line of credit.
Variable interest rate.
The rate on a Midland home equity line is variable. Your payment will vary each month based on your line of credit balance, similar to a credit card payment.
Revolving line of credit.
A home equity line of credit is available for ongoing use. Simply write a check or use your Midland home equity Discover® debit card to pay for anything you need. With a home equity line, you won’t have to apply for another loan each time you need money—just access your line of credit.
Guide to Benefits.
Full details are available within the Home Equity Line of Credit Discover Debit Card Guide to Benefits. Visit a Midland location or view your Guide to Benefits.