Take Advantage of Your Home Equity
There's so much you can do with a Home Equity Loan or Line of Credit.*
Use the equity in your home to pay for more than just projects around the house.
Pay for education
Buy a new car
Take a vacation
Our home equity lines support your financial needs. And, if you prefer a fixed monthly payment and term - we offer a fixed rate loan option.
Plus, with an easy application process, either option is a great solution to pay for the things you need, when you need them.
We Can Help You Determine
Which Option Is Right For You!
Apply in person or for your convenience, an application can be completed and printed below.
Mortgage Loan Originators
Bank of Bourbonnais NMLS #787548
Michelle Marie Kroesch Shannon Elizabeth Wilke
NMLS #797839 NMLS #937342
Home Equity Line of Credit (HELOC)
A Bank of Bourbonnais Home Equity Line of Credit, or HELOC,
Home Equity Term Loan
A home equity term
Home Equity Line of Credit*
- Competitive variable rates
- Access your credit when you need it
- Interest only payments
Home Equity Term Loan*
- Fixed rate
- Received loan proceeds in a lump sum
- Fixed monthly payments (principal and interest)
*All loans subject to credit review and approval.