JCB Offers Two Types of Home Equity Loans

Choose a home equity line of credit or home equity installment.

Home Equity Line of Credit

A great resource for home remodeling projects, vacation or travel, small business cash flow needs or as a backup for unexpected life events.

How it works:

  • The line of credit is set up with a credit limit that is based on the equity available in your home and credit qualifications.
  • First 10 years to draw and interest only payment.
  • 10 years fixed payment of principal and interest, followed by 10 years amortization of active balance reduction through a fixed principal and interest payment.

Special Limited-Time Offer

Get more for your money with JCB's home equity line of credit special:

  • No closing costs
  • 9-month rate lock, 1.99% APR*
  • 4.00% APR* variable thereafter

*APR is annual percentage rate. Limited time offer. Rates, terms and conditions effective as of 3/27/17. Subject to credit approval. Property insurance required. The cost for insurance is the responsibility of the borrower and is excluded from the no closing cost promotion. Application must be received by 6/3/17 and the loan must close. Introductory discounted fixed rate in effect for the first 9 months. Thereafter, variable rate APR based on The Wall Street Journal Prime rate, currently 4.00% and is subject to change monthly. Minimum 4.00% APR and maximum 21.00% APR. The discounted fixed rate and no closing costs are available to qualified buyers with 700 credit score or higher, maximum loan to value of 90%, $5,000 new money, and owner-occupied residential properties only. Annual fee of $55 assessed after the first year.  The term is 10 years of monthly interest only payments and 10 years of monthly principal and interest payments. Consult your tax advisor about deductibility of interest. Other restrictions may apply. See a loan officer for full details. JCB NMLS #738802.

Apply now!

Home Equity Installment

A great resource when you know the amount of funds needed up front, like a new roof, a room addition or consolidating debt.

  • Allows repayment of funds at a fixed rate of interest over a period of 10 years or less with monthly scheduled payments.
  • Payments can even be auto-deducted from a JCB deposit account.

Lending to qualified borrowers residing in Jackson, Lawrence, Jennings, Bartholomew and contiguous counties in Indiana.

Contact Us Today for more information

 To determine the equity available in your home, take 90% of the market value of your home and subtract what you owe.

Home Equity Loans Solutions

Use this tool to get a customized quote based on your loan details.

Take Advantage of Our Calculators

Meet JCB's Loan Officers

Contact one of our experienced loan officers to discuss your Mortgage options. Select a photo for contact information.

Jeri Burbrink

Jeri Burbrink

AVP, Retail Loan Officer

NMLS# 789429

jc bank 812-522-3607 x 4601

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Jeri Burbrink
Brenda Habenicht

Brenda Habenicht

Officer, Loan Production Office Leader

NMLS# 789430

jc bank 812-346-8014

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Brenda Habenicht
Richard Bicknell

Richard Bicknell

AVP, Retail Loan Officer

NMLS# 789428

jc bank 812-524-4409

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Richard Bicknell
Mary Ann Jordan

MaryAnne Jordan

AVP, Retail Loan Area Manager

NMLS# 789431

jc bank 812-524-4424

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MaryAnne Jordan
Robin Collingsworth

Robin Collingsworth

Retail Loan Officer

NMLS# 573358

jc bank 812-275-1120 x 3101

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Robin Collingsworth

Christy Guerrero

Mortgage Loan Originator

NMLS# 573357

jc bank 812-345-0993

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Christy Guerrero