Use your home's value to finance home improvements, consolidate debt, or make a major purchase. Bank of Lake Mills has home equity loans and lines of credit with competitive interest rates. Loan decisions are made locally for your convenience. Home equity financing may be tax deductible (consult your tax advisor for specific information).
Home Equity Loan
A Home Equity Loan can help cover the cost of a large purchase. It provides the money you need now with loan options that work for you. Bank of Lake Mills offers term loans with adjustable interest rates and monthly principal and interest payments.
Home Equity Line of Credit (HELOC)
A Home Equity Line of Credit has a variable interest rate and gives you the flexibility to draw funds, up to your limit, by writing a check when needed. In addition you have ability to access funds as necessary without having to re-apply.
Use our HELOC calculator to determine the home equity line of credit amount that you may qualify to receive.
Loans are subject to approval. Bank of Lake Mills NMLS # 460552.