FDIC-Insured - Backed by the full faith and credit of the U.S. Government

Home Equity Line of Credit Limited Time Offer!

HELOC Special Rate
HELOC Landscaping

Turn Your Home’s Equity into Opportunity!

Whether you’re upgrading your kitchen, adding outdoor living space, or consolidating debt, our Home Equity Line of Credit (HELOC) gives you the flexibility to fund your goals—at a competitive rate.

For a limited time, enjoy:

  • Fixed 5% APR for the first 9 months1
  • No closing costs, no annual fees – mortgage tax still required in TN and GA
  • Flexible access to funds whenever you need them

Don’t miss this limited-time rate!

Apply Today!

HELOC FAQs

1. What is a Home Equity Line of Credit (HELOC)?

A HELOC is a revolving line of credit that allows homeowners to borrow against the available equity in their home. Unlike a traditional loan, customers can access funds as needed, over time, and payments will be either interest-only or principal and interest depending on type of HELOC chosen.

2. How does the 5% introductory rate work?

New HELOC customers receive a 5% rate for the first 9 months from the date the loan is closed. During this period, the rate remains fixed. After the introductory period, the full variable APR is based on the Prime Rate plus a margin, as outlined in the loan agreement.

3. What can a HELOC be used for?

A HELOC offers financial flexibility for a wide range of needs. Common uses include:

  1. Home (primary residence) renovations or repairs
  2. Consolidating high-interest debt
  3. Major purchases (furniture, appliances, etc.)
  4. Education or tuition expenses
  5. Emergency or unplanned expenses

4. Who is eligible for this promotion?

The promotion is available to individuals who open a new HELOC with First Financial Bank on a primary residence (owner-occupied, 1–4 family home). It does not apply to:

  1. Refinancing existing First Financial HELOCs
  2. Second homes or vacation homes
  3. Commercial or investment properties
  4. Land loans

5. Are there fees associated with this HELOC?

For qualified customers, there are:

    1. No closing costs (However, some states such as Georgia and Tennessee require state mortgage taxes to be paid)
    2. No annual fees
    3. Property insurance required; flood insurance may also be required based on location
    4. Early termination fee of $299 if the HELOC is closed or refinanced within 24 months

6. What is the borrowing limit?

Customers can borrow between $5,500 and up to 85% Loan-to-Value (LTV) based on the appraised value of their home, subject to credit approval and underwriting.

7. How can customers access HELOC funds?

Approved customers can access their available funds through:

  1. Online banking transfers
  2. HELOC checks
  3. In-branch withdrawals

8. What happens after the 9-month introductory period?

After the initial 9-month discount, the rate will adjust to the Wall Street Journal Prime Rate + a margin, as specified in the agreement. The rate is variable and will adjust based on market conditions and creditworthiness.

9. How can customers apply?

Customers can apply by:

  1. Applying online
  2. Speaking with a banker at any First Financial branch

10. Are there additional discounts available?

Yes. Customers who set up auto-deduct payments from their First Financial Bank account receive an additional 0.25% interest rate reduction.

11. How long will this promotion be available?

This is a limited-time offer. First Financial Bank reserves the right to modify or end the promotion at any time.

12. What is the minimum and maximum APR a customer could receive?

  1. Minimum APR: 2.000%
  2. Maximum APR: 21.000%
    • These limits are defined in the HELOC agreement and provide clear expectations for rate boundaries.

13. Do mobile homes qualify for a HELOC?

Mobile homes may qualify if the tongue and axles have been permanently removed and the home is on a permanent foundation and is taxed as real estate.

14. When are HELOC payments due?

All HELOC payments cycle on the last business day of the month. Due dates typically fall between the 23rd and 25th. Customers receive a monthly billing statement. Home Equity Lines of Credit have a Draw Period and Repayment Period. The draw period and repayment period are 120 months, the minimum payment will either be interest-only, or principal and interest based on the type of HELOC chosen. The minimum payment will not fully repay the principal that is outstanding on your credit line and your final payment will be a single balloon payment.

  1. Subject to credit approval. Offer available on new HELOCs approved through 6/30/25. Offer valid on owner-occupied primary dwelling only for first or second liens. Refinancing of existing home equity loans do not qualify. Property insurance required, flood insurance may be required. 5% nine month introductory rate period is from date of consummation. No closing costs, however, some states such as Georgia and Tennessee require state mortgage taxes to be paid. If you close or refinance your line within 24 months, an early termination fee of $299 will be assessed to repay closing costs paid on your behalf. As of 4/1/25, the WSJ Prime Rate is 7.50%. After the 9-month introductory period, annual percentage rate (APR) will vary based on WSJ Prime Rate as published daily plus a margin for the remainder of the draw period. Minimum APR will not go below 2.00%, maximum APR will not exceed 21.00%.  Other restrictions or conditions may apply. This is a limited time offer and First Financial Bank N.A. reserves the right to discontinue this offer at any time. Available line amounts from $5,500 up to 85% Loan-to-Value of home’s equity. Customers who sign up for auto-deduct from a First account receive an additional .25% discount on interest rate. See your lender for full details.