MAKE THE MOST OF YOUR HOME
When it comes to collateral for a loan, there’s no place like home! Our home equity loans are a perfect way to finance larger expenses by leveraging the equity in your house.
Home Equity Line of Credit
A home equity line of credit — or HELOC — is a personal line of credit secured by the equity in your home.
- Competitive rates and flexible payments - draw, repay, and redraw up to your credit limit
- Receive funds instantly and only pay interest on what you use, keeping costs lower
- Common uses of HELOCs are to pay for repairs and enhancements to a house, which essentially makes them home improvement loans.
Home Equity Term Loan
A home equity loan lets you borrow money using the value you’ve built up in your home, and you pay it back in fixed monthly payments.
- Receive the entire loan amount upfront with one easy monthly payment
- Leverage your home's equity to finance larger purchases
- Commonly used for medical expenses, remodeling, education expenses, debt consolidation and more
Your Path to Extra Funds Starts Here
Apply online for a home equity loan or line of credit with Horicon Bank’s Home Loan Center!