Home Equity Loans
Turn your home's equity into cash you can use. A home equity loan or HELOC is perfect for just about any need — and we'll secure you a great rate.
Details
- Competitive rates for several short-term or one-time needs:
- Education expenses
- Major life events
- Home remodel projects
- Debt consolidation
- And much more!
- The existing equity in your home is used as collateral backing
- Accommodating repayment terms that work uniquely for you
- The interest paid might be tax deductible*
- Local decision-making and processing in Northern Michigan
- Friendly service from people you know
Home Equity Line of Credit (HELOC)
- Competitive rates for several ongoing or seasonal needs:
- Education expenses
- Major life events
- Major home improvements
- Debt consolidation
- Emergency reserve
- And much more!
- The existing equity in your home is used as collateral backing
- Accommodating repayment terms that work uniquely for you
- Funds available anytime without reapplying; apply once, then use repeatedly thereafter
- Revolving credit – as principal is repaid, more becomes available for use
- Funds easily released via check
- The interest paid might be tax deductible*
- Set up automatic payments to be deducted from your account monthly
- Local decision-making and processing in Northern Michigan
- Friendly service from people you know
*Consult a tax advisor.