Put Your Home's Equity to Work for You

The money you need for home improvements, debt consolidation, college tuition, or a once-in-a-lifetime vacation is waiting for you - and it's in your house. A Home Equity Line of Credit from Farmers & Merchants Bank & Trust is a way to unlock those dollars as you need them.

Our unique automatic rollover feature allows you to make draws for the first three years and then automatically rollover into a repayment period without the hassle and cost of refinancing. With no annual maintenance fees, access cash at any time by contacting us by phone, stopping at one of our branch locations, or transferring to your FMBT checking or savings account using any of our convenient eBanking services.

For a limited time only:

• 3.75% APR* for the first 6 months, then as low as 4.75% APR* thereafter
• $350 Loan Administration Fee - no other closing costs!
• No annual fee

Features & Benefits:

• Use the available balance again and again for the first three years while making interest-only payments (or more if you wish)
• No annual fee
• Access funds at any time by transferring to a checking or savings account through our convenient eBanking services
• After the first three years, the outstanding balance automatically rolls over to a 10-year principal-and-interest repayment period - no balloon payment, no additional closing costs, and no refinancing necessary!
• No prepayment penalty

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*All loans subject to credit approval. The introductory Annual Percentage Rate (APR) is 3.75% for 6 months. Then, the variable APR is as low as Prime + 0.50. The index is the Prime Rate as published in the Wall Street Journal on the first of each month. The current index value is 3.25% resulting in a fully indexed rate as low as 3.75% as of January 1, 2021. The actual interest rate offered is based on the percentage of remaining equity in your home. The maximum APR will not exceed 15%. Minimum draw amount of $100. Offer applies to owner occupied residences only and loan amounts up to $250,000 with a maximum loan-to-value of 85%. Consult your tax advisor about deductibility. Adequate homeowner's insurance and flood insurance coverage (if applicable) are required. Offer available starting March 7, 2019 and is subject to change at any time without notice.