Home Equity
Your home equity is ready to help you reach all your goals – not just home improvements! Tell us what you’re hoping to achieve, and we’ll discuss how a Home Equity Line of Credit or Home Equity Loan can help.
Use Your Home Equity to Achieve More
Every time you make a mortgage payment, you’re building the equity you have in your home! Let’s see how that money can help pay for all the things you want (or need) to do, like:
- Fund a home improvement project (or two) that increases your home’s value even more.
- Save hundreds when you say goodbye to higher interest rates and use your home equity to pay off higher-interest debt.
- Prepare for unforeseen expenses, like a burst pipe, with a flexible emergency fund.
And as Wisconsin’s #1 Mortgage Lender, we’re here to help you find exactly how your home equity can support your goals – from renovating to establishing an emergency fund and more! Let’s chat about your options.
Home Equity Line of Credit (HELOC)
A HELOC is a great, flexible option that gives you access to a pool of money and lets you borrow what you need, when you need it.
- Borrow up to 100% of your home’s equity (maximum loan amounts apply)
- Get a variable rate as low as prime minus 0.50%²
- Lock in your balance to a low rate for a term of up to 15 years⁴
- Get no or low closing costs⁵
- Forget about annual fees and prepayment penalties
- Deduct your interest from your taxes (if eligible)⁶
- Easily access your funds online
- Use it to cover unexpected costs
Interest-Only Home Equity Line of Credit (HELOC)
An Interest-Only HELOC is great if you’re looking for a lower, more affordable payment. Payments only include interest accrued on the loan – no principal – during the “draw” or borrowing period.
- Get ALL the same advantages of a standard HELOC with the same low rate
- Pay only the interest accrued on the loan since the previous due date, or $50 (whichever’s greater)
- Make larger payments when you have funds to do so (great if you work on commission or have a seasonal income)
Home Equity Line of Credit Rates
Find your customized rate options.
Enter your loan amount to calculate
| Term (up to) | Annual Percentage Rate | Monthly Payment |
|---|---|---|
| Variable, Revolving3 | 8.00% | Minimum $50 or 1.25% of the principal balance as of the time of the draw, whichever is greater |
| Fixed 60 Months2 | 6.99% | $19.86 |
| Fixed 120 Months2 | 7.99% | $12.17 |
| Fixed 180 Months2 | 9.74% | $10.64 |
| Variable, Revolving3 | 8.25% | Minimum $50 or 1.25% of the principal balance as of the time of the draw, whichever is greater |
| Fixed 60 Months2 | 6.99% | $19.86 |
| Fixed 120 Months2 | 7.99% | $12.17 |
| Fixed 180 Months2 | 9.74% | $10.64 |
| Variable, Revolving3 | 9.00% | Minimum $50 or 1.25% of the principal balance as of the time of the draw, whichever is greater |
| Fixed 60 Months2 | 7.99% | $20.34 |
| Fixed 120 Months2 | 8.99% | $12.72 |
| Fixed 180 Months2 | 9.99% | $10.80 |
| Variable, Revolving3 | 11.50% | Minimum $50 or 1.25% of the principal balance as of the time of the draw, whichever is greater |
| Fixed 60 Months2 | 10.98% | $21.84 |
| Fixed 120 Months2 | 12.38% | $14.65 |
| Fixed 180 Months2 | 12.73% | $12.55 |
Home Equity Loan
If you have a project and price tag in mind, a Home Equity Loan lets you take out a set amount and lock in a fixed rate, so you can count on standard monthly payments over your term.
- Borrow up to 100% of your home’s equity (maximum loan amounts apply)
- Lock in a great fixed rate and low closing costs
- Deduct your interest from your taxes (if eligible)⁶
- Forget about annual fees and prepayment penalties
Home Equity Loan Fixed Rates
Find your customized rate options.
Enter your loan amount to calculate
| Term (up to) | Annual Percentage Rate | Monthly Payment |
|---|---|---|
| 36 Months | 6.99% | $30.94 |
| 48 Months | 6.99% | $24.02 |
| 60 Months | 6.99% | $19.86 |
| 84 Months | 7.74% | $15.52 |
| 120 Months | 7.99% | $12.17 |
| 180 Months | 9.74% | $10.64 |
| 36 Months | 7.99% | $31.44 |
| 48 Months | 7.99% | $24.49 |
| 60 Months | 7.99% | $20.34 |
| 84 Months | 8.74% | $16.02 |
| 120 Months | 8.99% | $12.72 |
| 180 Months | 9.99% | $10.80 |
| 36 Months | 10.98% | $32.88 |
| 48 Months | 10.98% | $25.96 |
| 60 Months | 10.98% | $21.84 |
| 84 Months | 11.38% | $17.41 |
| 120 Months | 12.38% | $14.65 |
| 180 Months | 12.73% | $12.55 |
Achieve Today’s Needs or Tomorrow’s Goals with These Other Resources
Mortgages
Make Your Move with a Fixed or Adjustable Rate
Increased value in your current home could also mean it’s a great time to sell and upgrade to a new home. Get preapproved for free in as little as 15 minutes.
Auto Loans
Get in the Driver’s Seat with Free Preapproval
Know price and monthly payment the day you apply, so you can feel totally in control from day one!
Personal Loans
Easily Cover Unexpected Financial Expenses
With low fixed rates and short terms, a personal loan can be a smart option to cover a variety of costs, from that upcoming trip to an unexpected dental bill.
