Home Equity

Your home’s value could be the solution for your debt consolidation, a home improvement project or to help your children as they grow. A Home Equity Loan is the perfect option to cover a one-time expense, while a Home Equity Line of Credit can provide you with an amount you can draw from for up to 15 years.

We are able to refinance all types of real estate loans you may have elsewhere, oftentimes lowering your interest rate and payments in the process. We will work with you to ensure you get the best rate.

Eligible properties include primary residences and vacation homes located in Arizona, Florida, Iowa, Minnesota and Wisconsin.

Line of Credit

If flexibility is something you're looking for, a HELOC may be the perfect option. Use it to finance almost anything, such as travel, education expenses and much more.

A HELOC is unique in that it is a revolving line of credit you can borrow against. Instead of withdrawing a set amount of funds all at once, you simply borrow as you go.

  • No annual fee
  • No cancellation fee
  • Up to a 15 year draw period
  • Borrow up to 80% of your home’s value; excluding existing loan balances

Fixed Rate Loan

Another option available is our Fixed Rate Home Equity Loan. This is the perfect option to cover a one-time expense without using a credit card or depleting savings.

  • No origination fee
  • Fixed interest rate
  • 5, 10 or 15 year repayment options
  • Borrow up to 100% of your home’s value; excluding existing loan balances

Review Your Options

We offer three types of home equity solutions, so you can be sure the product you choose will fit your financial needs. Not sure which is right for you? Review your options with our comparison chart below.

Loan Amount


Home Equity Line of Credit

Up to $200,000

Fixed Rate Home Equity

Up to $250,000

First Lien Home Equity

Up to $250,000

Value Required


Home Equity Line of Credit

Up to 80% of your home's value, less existing loan balances

Fixed Rate Home Equity

Up to 100% of your home's value, less existing loan balances

First Lien Home Equity

Up to 80% of your home's value

Features


Home Equity Line of Credit

  • No annual fee
  • Up to a 15 year draw period
  • Take advances and make payments when needed, in person or through online and mobile banking
  • No cancellation fee

Fixed Rate Home Equity

  • No origination fee
  • 5, 10 or 15 year repayment options
  • One lump sum at a fixed interest rate
  • Fixed payment of interest and principal over the life of the loan
  • No prepayment penalty

First Lien Home Equity

  • No origination fee
  • 10 or 15 year repayment options
  • One lump sum at a fixed interest rate
  • May offer a lower rate and fewer closing costs than a traditional mortgage
  • No prepayment penalty

Rates


Home Equity Line of Credit

Variable interest rate based on prime, currently 3.25% APR*

Fixed Rate Home Equity

Fixed rate based on term of loan, currently as low as 3.50% APR*

First Lien Home Equity

Fixed rate based on term of loan, currently as low as 3.45% APR*

Construction Loans

If you would rather build than buy, we can help! Financing is available for lot purchases and construction costs. Once your home is built, our Mortgage Officers can help secure permanent financing.

Protect Your Loan

Debt Defender is a voluntary loan payment protection product that gives you relief from unexpected financial burdens. Protected life events include disability, loss of life, and involuntary unemployment.