Home Equity Loans

Take a vacation, consolidate debt, pay for education or make home improvements – with home equity loans, you can put your home’s value to work for you.

If you’ve paid down the principal on your home loan for several years or your home’s value has appreciated, you may have some equity you can use.

Home Equity Loan

A fixed loan rate tied to the equity in your home which allows you to borrow a set dollar amount for a specific period of time.

With a Hastings City Bank Home Equity Loan, you can borrow up to 89.99% of the equity in your home which is paid to you in a lump sum. You have a competitive, fixed interest rate and steady monthly payments over the term of the loan. Loan products and rates based on your home’s equity.

Home Equity Line of Credit (HELOC)

A revolving credit line based on the equity of your home that gives you convenient access to funds when needed.

Our Equity Advantage line of credit allows you to borrow up to 89.99% of the equity in your home at a competitive interest rate. Payments are based on the amount you utilize, and as you repay the loan, funds become available to use again. The interest rate is a variable rate based on the Wall Street Journal Prime and the equity in your home.

Interest is usually tax deductible. Consult your tax advisor regarding deductibility of interest.

Interested in applying? For Mortgage or Home Equity Inquiries click here.