Marquette Bank offers a full line of Home Equity products to serve everyone's equity needs.
A home equity line of credit (HELOC) allows you to take advantage of the equity built up in your home. The amount of your HELOC will depend on the available equity you have in your home. You can draw or use your HELOC for expenses and make interest-only payments on the amount that you use. Your rate may fluctuate with the market rates, but your monthly payments are lower. At the end of the term, you pay back the full amount of what you used.
A home equity loan offers a steady monthly payment. Your rate is fixed and does not change over the term length of your loan. This predictable monthly payment is helpful for budgeting and removes the risk that your rate could increase. Various term lengths are available.
Are you ready to quickly review your home equity options? We are here to help show you all your fixed rate loan options or a home equity line of credit. Use your home equity to pay for home improvements, pay for college tuition, consolidate higher interest debt, pay for medical bills or other major expenses. We are ready to meet you in-person or over the phone.
Not ready yet? Use our calculators.