Life: Home Equity Lines of Credit
You want to move
your life forward.
We’ll steer you in the
right financial direction.
Access your home equity for major expenses.
Northern Bank’s Home Equity Line of Credit (HELOC) program allows you to borrow funds, as you need them, against the equity you have in your home. Used responsibly, HELOCs can be a useful financial tool for major expenses like home remodeling, consolidating debt, financing college, and more. Start your HELOC with a Northern Bank mortgage lender today.*
*
Subject to credit approval
Flexible access
to your funds
Unlike a traditional mortgage, with a HELOC, you choose when to draw cash from your line of credit. You can access your line by writing a check, at a Northern Bank branch or via a web or mobile transfer. You only pay interest on the funds that you have withdrawn — not your total approved line.
Competitive
Rates
Northern Bank’s competitive HELOC rates help keep more money in your pocket.
Savings on Fees,
Closing Costs & Taxes
Our home loan experts work to close your loan quickly, with minimal hassle and fees. With a HELOC, the interest that you pay may even be tax-deductible. Consult your tax advisor.
Ready to take the next step? We’re here to help!
Contact our Team to learn more about how Northern Bank can help you realize your goals and dreams.