Online and Mobile Banking will undergo routine maintenance on Saturday, Dec 14, 8pm CT/9pm ET, until Dec 15, 2am CT/3am ET. During this maintenance, Online and Mobile Banking will not be available. We apologize for any inconvenience.
Rates, terms & conditions effective as of 10/31/2019 for applications received 10/31/2019 to 2/29/2020. Subject to credit approval. Property insurance required. Other restrictions may apply, see bank for details. Offer eligible for new, renewing and refinanced HELOC lines. Introductory discounted variable rate in effect for the first 12 billing cycles, based on a 1.25% discount resulting in an APR of 1.51% below prime rate as published in the Wall Street Journal. Thereafter, variable rate based on The Wall Street Journal prime rate plus a factor, currently 4.49%. APRs based on highest credit tier, line amount of $100,000 with an LTV of 80% or less and includes a .25% rate reduction at origination for automatic payment from an ONB checking account. ONB associates may select the associate discount or Private Select discount, not both in addition to the promo rate. Max APR is 21%. Initial $50 annual fee waived. Balloon payment may be required to pay this loan in full if only the minimum is paid. Minimum monthly payment equal to the interest that accrued on the outstanding balance during the preceding billing cycle or $50, whichever is greater. As permitted, if the line is closed or refinanced within 3 years the prepayment penalty fee is the lesser of 1% of principal balance or $350. Old National reserves the right to discontinue this offer at any time.