A home equity loan from Heartland is the smart way to borrow.  The interest on your loan may be tax-deductible (always check with your tax adviser)

Got a home equity loan somewhere else -- even at (gasp) a bank? Go Local and bring it to Heartland.

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Compare Home Equity Options

Home Equity Line-of-Credit HELOC
Interest Rate Rates as low as 1.99% APR* for the first six months.
Term Revolving line of credit
Draw Period/Balloon Period 5 year draw period; followed by repayment period
Fees Low closing costs**
Payment Interest only or $50 minimum, whichever is greater
Second Mortgage Fixed
Interest Rate 5 year fixed rate as low as 3.99% APR
Term Up to 15 years
Fees Low closing costs**
Payment Based on the rate & repayment option

*APR is Annual Percentage Rate. After the six-month introductory period the rate will revert to the Prime Rate as published in the Wall Street Journal plus or minus a margin, or the floor rate of 3.99%, whichever is higher. Your actual rate will be based upon your creditworthiness and loan-to value (LTV). Prime rate as of 12/28/2015 is 3.50%. Maximum LTV is 100%. Property insurance required. Existing Home Equity Lines of Credit are not eligible for the introductory rate. No or low closing costs for new HELOC only. Appraisal fee and title insurance, if required, is an additional charge.
** Closing cost fees range from $63.00 to $500.00. Fees that may apply: appraisal or property valuation, title report, flood determination, tax servicing and filing fees.