We'll close your new purchase loan in 29 calendar days^ or deposit $100* in your Independent Bank checking account if we miss the deadline! Our mortgage team streamlines the process to ensure your loan closes in 29 calendar days. Download our Sign In 29 description to learn more.
^Excludes construction loans, MSHDA (Michigan State Housing Development Authority, VA (Veterans Administration), and USDA Rural Development loans.
*If your loan is denied, withdrawn, or approved but not accepted you will not qualify for the guarantee.
Receive up to $1,000** off mortgage closing costs simply by setting up an Independent Bank checking account with auto pay or online bill pay for your new mortgage. Contact your residential loan officer for prequalification or additional details at 800.285.3111. You can also apply for a loan online.
**Receive a ¼% discount off of closing costs, based on loan amount, up to $1,000 by setting up an Independent Bank checking account with auto pay or online bill pay. Subject to loan approval.
A home equity loan or line of credit will allow you to borrow money secured by the equity in your home. Use the extra cash for whatever you choose: home improvements, tuition, debt consolidation, and more. Interest may even be tax deductible!
Use the Equity Access MasterCard to withdraw money from your home equity line of credit. You can make purchases with it just like a regular MasterCard. It’s convenient and hassle-free.
Normal Credit standards and restrictions apply. Consult your tax advisor regarding deductibility of interest.
With our Platinum Pro Sweep, your home equity line of credit (HELOC) and direct deposit checking account are combined to maximize your cash flow. The checking account is swept on a daily basis and applied to the HELOC’s outstanding balance, reducing its average daily interest charges. You can make the most of your money without doing a thing – the Sweep takes care of it for you! With Platinum Pro Sweep, you also get our interest-earning Premier Checking account free.
You’ll get up to $1,000* off your mortgage closing costs by setting up an Independent Bank checking account with auto pay or online bill pay prior to closing. Plus, by opening a checking account with us, you can earn up to $150!**
You’ll also receive a .50% interest rate discount on a personal loan when payments are automatically debited from your Independent Bank checking account.
*Receive a 1/4% discount off closing costs, based on loan amount, up to $1,000 by setting up an Independent Bank checking account with auto pay or online bill pay. Subject to loan approval. Member FDIC.
**You will need to meet the criteria within 60 days of opening your new checking account. All debit card and bill pay transactions must be performed and posted to your account during the qualifying time period. Recurring direct deposit is indicated by two or more preauthorized credits into the account. The money you earn will be deposited into your account within 90 days of account opening. Your account must be active at time of deposit. There is one exception. If you take advantage of the debit card/check buy back, you will receive the $30 the same day. For tax purposes, you will receive a Form 1099-INT from us for your incentive payment. Account opening is subject to Independent Bank’s standard account opening guidelines.