Home Equity Loans
Find financial relief from a bank that calls Minnesota home. Use the equity in your home to secure funds for almost any purpose. Best of all, interest and charges may be tax deductible.* Home equity loans offer fixed interest rates. A home equity line of credit (HELOC) through Center Bank offers either a fixed or a variable interest rate, and can be accessed as it's needed. Like all our loans, decisions are made locally with friendly personal service.
Home Equity Loan
- 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 deductible*
- Local decision-making and processing
- Helpful, customized service throughout the entire process
BEFORE YOU APPLY
Make sure you have the Items Needed for Home Equity Loan.
Home Equity Line of Credit (HELOC)
- Competitive rates for several ongoing or seasonal needs:
- Major home improvements
- 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
- The interest paid might be tax deductible*
- Local decision-making and processing
- Helpful, customized service throughout the entire process
*Consult a tax advisor.
