If you're looking to consolidate bills, remodel your home or pay for an education, the benefits of a home equity loan might make it the right option for you. A home equity loan provides a specific amount of money for a defined term, with rates that are generally lower than the interest rates on other types of loans or credit cards. 

Contact Doug Ferguson, our home equity specialist, for information about getting a secured personal loan.

Doug Ferguson
VP, Retail Lending Manager
NMLS ID 447053
Email
217.726.0268 



Marine Bank home equity loans offer flexible terms and competitive interest rates that are generally lower than credit cards and other personal loans. You may be able to deduct home equity loan interest payments from your taxes – ask your tax advisor to be sure.


Home equity loans are commonly used for: 

  • Home improvement projects
  • Weddings and large events
  • Debt consolidation
  • Tuition/Education costs

Home equity application form 

man and woman sitting on couch with laptop on coffee table going over receipts with calculator

smiling man standing in front of living room window with a mobile device in hand

 

Flexible Line of Credit

Another smart option for borrowing is a revolving line of credit. The maximum line you can qualify for is based directly on the equity you’ve built in your home.


We are happy to talk with you!

Our Mortgage Loan Team is ready to help make your home-buying process as easy as possible.


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