Home Equity Loans
Use your home's equity for cash
Home Equity (HELOC) Loans are lines of credit that can be used for purchases at your discretion. Interest is paid on HELOC Loans that can be tax deductible.
- Maximum line of credit amount equals 90% of the value of the home less the amount of the first mortgage
- HELOCs are revolving lines of credit with a maximum term of 10 years
- Minimum monthly payment is 2% of the outstanding balance
- HELOCs are loans that uses your home’s equity for cash
- HELOCs have lower fees than a refinance or second mortgage loan
What you will need to start the process:
- Signed and completed Home Equity Line of Credit Application and authorizations
- Copy of paystubs covering the last 30 days for the borrower and co-borrower
- Copy of W-2's for the 2 most recent years for borrower and co-borrower
- Copy of tax returns for 2 most recent years
- Copy of last 2 months bank statements for all accounts listed on the application
Report a Lost / Stolen Debit Card
During Banking Hours
785-456-2221
After Banking Hours
866-546-8273
Telephone Banking Number
785-456-6565
785-537-0802
You may also report a lost or stolen debit card via online banking or the mobile app.
Meet Our Home Loan Officers
Shaney Dillon
Real Estate Loan Officer - NMLS #715381
Shaney has been in the real estate industry in the Manhattan, KS area for almost 15 years. From 2001 to 2011 she was a real estate agent and is able to draw upon this experience to benefit customers, providing them with a thorough education of the mortgage process.
With her extensive background, she has the ability...
read more
785-539-8322
Tonia Michaelis
Assistant Vice President, Bank Manager - NMLS #440237
Tonia brings more than 29 years of banking experience to her clients. She wears multiple hats at the bank, toggling between branch manager and Home Loan Officer. Her passion is attending sporting events and school functions with her very active family. She volunteers in the Alma Chamber of Commerce and is also a Board... read more
785-765-2220
