Financial relief is closer than you think. Use the equity in your home as collateral for a lump sum loan or a convenient line of credit. Either way, the interest you pay may be tax deductible.*

Details
  • Competitive rates for several short-term or one-time needs:
    • 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 Central Illinois decision-making and processing
  • Helpful, customized service throughout the entire process
Home Equity Line of Credit (HELOC)
  • Competitive rates for several ongoing or seasonal needs:
    • Education expenses
    • Major home improvements
    • 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 available via in-person, by phone, by check, and online banking transfers
  • The interest paid might be tax deductible*
  • Set up automatic payments to be deducted from your account monthly
  • Local Central Illinois decision-making and processing
  • Helpful, customized service throughout the entire process

*Consult a tax advisor.