HELOC 2.49% APR* 12 Month Promotional Rate *2.49% APR (Annual Percentage Rate) is fixed for 12 Months, then the rate will reprice to standard Home Equity Line of Credit (HELOC) rates that are variable and subject to change based on published fluctuations in the Wall Street Journal Prime Rate. Current PRIME Rate effective June 15, 2022 is *4.75%. Maximum Annual Percentage Rate (APR) is 25%. To receive this offer, loan to value must be 89.99% or less with a credit score of 700 and above. Homeowners insurance is required. Owner occupied properties only. Offer valid on applications received June 15, 2022, through July 31,2022. Annual fee of $75 is waived the first year. Normal credit underwriting standards apply. Offer subject to change or cancellation without notice. Refinance of existing First Merchants Bank HELOC requires minimum increase of credit line by $20,000 and existing First Merchants Bank HELOC must not currently be on a promotional rate.