Your home is more than just a place to hang your hat. It’s also a great source of funds for a range of other needs. If the value of your home has gone up since you bought it, or you’ve paid off a significant portion of the mortgage, you could qualify for a home equity line of credit. Get the money you need to pay for major home improvements, college tuition, and more.
Competitive rates for several ongoing or seasonal needs:
Major life events
Major home improvements
And much more!
The existing equity in your home is used as collateral backing
Accommodating repayment terms that work uniquely for you
Funds available anytime without reapplying; apply once, then use repeatedly thereafter
Revolving credit – as principal is repaid, more becomes available for use
Funds easily available via in-person or phone transfers to a specified First Northern Bank checking account
Set up automatic payments to be deducted from your account monthly