Put the equity you've built in your home to work for you! A home equity loan allows you to borrow against the equity in your home to fund other expenses. And because a home equity loan is secured, you can borrow money at a better rate than just about any other type of loan. Even the interest you pay may be tax-deductible-- ask your financial advisor.
Home equity loans are great for:
- investing in a second home
- home improvement projects
- large purchases like appliances
- paying off high-interest credit cards
- covering other large costs such as a child’s education
Start Your Home Equity Loan Application.
If you're interested in talking with one of our loan experts about home equity loans, applying for a home equity loan, or a farm equity loan, fill out the form below.
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How do home equity loans work?
Your home is likely the biggest purchase you’ll ever make. And its value makes up a large part of your net worth. So for many people, a home equity loan is the best way to affordably tap into that net worth without actually selling your house. A home equity loan is like a second mortgage, so the application process is similar. We can help you gather and submit the necessary documentation.
Experience better banking at LSB!
Since 1902, expertise and experience have made us the bank of choice for thousands of people like you. Over a century later, we still provide an experience unlike any other because we are constantly focused on you. Want to learn more? Get in touch with us today using our Contact page or by visiting one of our convenient locations in Central and Eastern Iowa.