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Home Equity Loan

Whether you're looking to make a large purchase, pay for needed home improvements, consolidate debt, or refinance your existing mortgage, a Home Equity Loan from TheBANK of Edwardsville may be a great option for you. 

A Home Equity Loan offers you the choice of flexible terms and the convenience and piece-of-mind of a fixed monthly payment: 

  • The average interest rate of a Home Equity Loan is lower than what you would have with a personal loan or credit card
  • Flexible terms on the length of the loan
  • Varying loan amounts depending on property type and lien position
  • Lower closing costs than a traditional mortgage.
  • A fixed rate over the life of your loan means no surprises and no loan payment increases
  • Loan amount is distributed in one lump sum
  • Loan amount can be used however you see fit
  • Interest may be tax deductible. (Consult your tax advisor about the deductibility of interest and other charges)

If you would like to learn more about a Home Equity Loan from TheBANK of Edwardsville, please stop by any of our convenient banking centers or call our Customer Service Center at 618-656-0098.