Home Equity Line of Credit

Borrow only what you need, when you need it.


Our home equity line of credit offers the following features:

  • No annual fees
  • No transaction fees
  • No prepayment penalties
  • Low closing costs
  • Local loan servicing
  • Quick, local loan approvals
  • Access online, by phone or in person


Use your line of credit for practically any major expense, including:

  • Home improvements
  • Debt consolidation
  • College tuition
  • Vehicle purchase

Meet Our Loan Specialists

Wherever you are in the process, get in touch with one of our loan officers today.

Mike Reddy

Mike Reddy

Personal Banker

NMLS #1045997

Kim Paddock

Kim Schweich

Vice President, Personal Banking Manager

NMLS #523459


APR (Annual Percentage Rate) for home equity lines of credit varies daily, based on the value of an index plus a margin. The variable interest rate will automatically change based on the Prime Rate as published in the Wall Street Journal. Margins vary based on your credit history and bank evaluation of equity in your home. Margins vary from 0% to 1.00% resulting in APRs ranging from 4.75%* to 5.75%. The APR shall never be less than 3.99% and shall not exceed 18%. Offer available for primary residences only. All lines of credit are subject to approved credit applications and loan-to-value determination. Loan-to-value based on recent evaluation or appraisal. Various payment plans available with minimum monthly interest payment required. Loan is for a ten-year term after which customers may payoff or apply to refinance. You are responsible for credit report, flood determination and monitoring, county recording fees and taxes, and tract search (appraisal, attorney and title work, if required). Property insurance (and flood insurance, if applicable) is required. Other restrictions may apply. Interest may be tax deductible. Please consult with your tax adviser for more information.

*Quoted rate requires automatic withdrawal from a First National Bank of Northfield account.