Money for big projects, major purchases, and great adventures – all from a HELOC
Home Equity Loans and Home Equity Lines of Credit (HELOCs) are often used for home repairs or remodeling. But that's just one possibility. At North Salem State Bank in Central Indiana, our home loans and credit lines can also pay for a family vacation, cover college tuition, buy a big RV, consolidate debt, plan a beautiful wedding – or do anything else that's on your wish list.
-
Choose a lump sum loan or a Home Equity Line of Credit (HELOC)1
-
Loan or credit limit depends on how much equity you have in your home (Equity is the current market value minus the remaining balance on your mortgage)
-
Affordable rates keeps your monthly payments under control
-
Often used to pay medical bills or consolidate higher interest loans and credit card balances
-
Schedule automatic monthly payments through Online or Mobile Banking
Questions? We're happy to help.
North Salem State Bank offers new home equity loans and lines of credit when you need one. Give us a call or visit a Central IN branch so we can help with your HELOAN/HELOC needs.
1 - All loans are subject to credit approval