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If your child decides not to go to college, your money may be locked up until you’re nearly 60 years old… unless you decide to go back to college and use it yourself.  You’ll pay hefty penalties for using it for anything besides college classes.  With Bank On Yourself, your equity in your policy is available to you whenever you need it (typically within a few days), and for whatever purpose YOU want.

Generally, a mortgage bank originates a loan and places it on a pre-established warehouse line of credit until the loan can be sold to an investor, such as Fancs, or Freddiec. The process of selling a loan from the mortgage bank to another investor is referred to as selling the loan on the secondary market.

All loans subject to credit approval and standard processing fees. 1st Source checking account required. Minimum loan amount is $5,000 for Home Equity Lines or Loans and $1,000 for all other loan types. Contact us for full details.

If you want expert investment advice and investment management, turn to the trusted advisors of 1st Source Corporation Investment Advisors, Inc. We’ll provide straight talk and sound guidance every step of the way toward achieving your investment goals.