Lump Sum Loans and Lines of Credit
You need cash for a planned home improvement, but where do you turn? How about your home? While you may be able to find some loose change in the couch, we were thinking about something bigger: your home’s equity.
You can tap into the equity you’ve built up in your home to provide either a lump sum of cash through a home equity loan or a home equity line of credit (HELOC).
Comparison of Home Equity Loans and HELOCS
While both home equity loans and lines of credit both use the power of your home’s equity, they differ in numerous ways:
| Home Equity Loan | Home Equity Line of Credit | |
|---|---|---|
| Delivered as: | A lump sum | A line of credit to draw on repeatedly |
| Best for: | Immediate cash needs | Those with peaks and valleys in their income |
| Borrowing limits: | 90% of the appraised value of your home | 80% of the appraised value of your home |
Both our home equity loans and HELOCs are offered with:
- Long-term fixed-rate financing available
- Tiered competitive rates
- Deferred closing cost option available
- Quick, local decision-making
Apply for a Home Equity Loan Today
Fill out the form below and reach out to one of our lenders below for a secure link.
Our Lenders
Matt Morris - NMLS #541740 / (515) 331-2265 / [email protected]
Greg Grote - NMLS #541741 / (515) 987-1000 / [email protected]
Brien Scandridge – NMLS #2146946 / (515) 331-2265 / [email protected]
Ciara Bemiss – NMLS #2163496 / (515) 987-1000 / [email protected]
Brian Vahle – NMLS #1168523 / (515) 446-2265 / [email protected]
Matt Pick – NMLS #720432 / (515) 986-2000 / [email protected]
Logan Crannell – NMLS #2146946 (515) 331-2265 / [email protected]