• Fixed rate security with line of credit flexibility


Convert all or a portion of the outstanding balance from your First Tennessee Home Equity Line of Credit to a fixed rate on the converted balance with a FlexLoan.**

Your variable rate line of credit remains open and replenishes as you pay down the FlexLoan, so you can use the extra credit as you see fit: it's the best of both worlds from First Tennessee.

Product Features

  • Low, fixed interest rate
  • Flexible loan terms

Product Benefits

  • Interest may be tax deductible*
  • Fixed monthly payments on FlexLoan portion
  • Automatic draft payments from your checking account if you choose
  • Consolidated monthly statements that include FlexLoan and HELOC minimum payments

Other Resources

*Consult your tax advisor about interest deductibility. Interest may not be deductible for loans with LTV greater than 100%

**FlexLoan (fixed-rate conversion) commitment fee (FINANCE CHARGE) is $500 for each conversion and is subject to change. Fixed-rate conversion applies to single-family, owner-occupied properties or second homes, including townhomes or condos.  Fixed rate conversions are available 6 months after the HELOC is opened.  The original HELOC must be in 1st, 2nd, or 3rd lien position on title.  The fixed-rate conversion option does not apply to any HELOC product with a CLTV greater than 100%.  Maximum number of fixed-rate conversions allowed per HELOC is four.  Fixed-rate conversions are not allowed for HELOCs secured by properties in Texas or on HELOCs which have a previous past due payment of 60 days or more. Fixed-rate conversions are available only during the draw period. Terms, rates, and fees are subject to change, without notice, prior to closing your fixed-rate conversion. Minimum conversion amount is $10,000. Certain restrictions and documentation requirements may apply. 

All loans subject to credit and collateral approval. Geographic restrictions apply.


  • Utilize our home and mortgage calculators

Federal Deposit Insurance Corporation Banking products and services are provided by First Tennessee Bank National Association. Member FDIC. Equal Housing Lender Equal Housing Lender.
All loans subject to credit approval.