Home Equity Loans and Lines of Credit

Use the equity in your home for convenient, all-purpose borrowing with a Home Equity Loan or Line of Credit.  Equity is the difference between the current market value of your home and the amount you owe on it.  Regardless of the purpose of the loan, First Security Bank’s home equity loans can give you the borrowing power you need.

Home Equity Loan

  • Borrow for a wide variety of purposes---home improvements, remodeling, consolidating higher interest debt, purchase of a new car, and more.
  • Interest rate is fixed during the term of the loan.
  • Interest payments may be tax deductible (consult your tax professional for details).
  • Repayment in convenient monthly installments to fit your budget.

Apply for a Home Equity Loan

Home Equity Line of Credit

  • A line of credit gives you quick access to funds anytime the need arises up to your pre-established credit limit.
  • Repaid funds are available for use again without the need to reapply.
  • You only pay interest on the amount of money you use.
  • Interest payments may be tax deductible (consult your tax professional for details).
  • Annual Percentage Rate subject to change monthly.

Apply for a Home Equity Line of Credit


You can apply online, by phone, by mail or in person.  Because home equity loans are secured by your home, it is beneficial to have additional documents available including:

  • Copy of your current mortgage statement showing current balance.
  • Recent copy of your homeowner’s insurance policy.
  • A copy of an appraisal or other valuation if one was completed.
  • Recent documentation of income including paystubs and/or tax returns.

For all your home equity lending needs, contact one of our experts at 507-775-2316 or 507-775-2316:

krista norstenfaith hollaschjeff wallevand
Krista N.
NMLS #770527
Email Krista
Faith H.
NMLS #779854
Email Faith
Jeff W.
NMLS #781783
Email Jeff

The emails above are not a secure form of communication.  Please do not include personal information, such as your social security number or any account numbers.