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Home Equity Loans & Lines of Credit

Your home has a secret stash of cash, just waiting for you to discover it. Convert home equity into funds you can use for anything.

Key Features

  • Competitive Rates
  • Flexible Terms
  • Local Decisions
  • Turn the equity in your home into cash you can use
  • 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 deductible1
  • Minimum loan amount is $10,000
  • Local decisions made here in the Minneapolis area
  • Attentive, friendly service throughout the process

Our home equity line of credit allows you the flexibility of having funds available to you when you need it. Your line is accessible through traditional checks. A HELOC is a form of revolving credit in which your home serves as collateral. As you repay your principal, that money becomes available to you over and over again.

  • 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 available via in-person or phone transfers to a specified CIB checking account
  • The interest paid might be tax deductible1
  • Set up automatic payments to be deducted from your account monthly
  • Minimum line amount is $10,000
  • Local decisions made here in the Minneapolis area
  • Attentive, friendly service throughout the process

1Consult a tax advisor.