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Home Equity Loans

Leverage the equity in your home and put your home to work for you!

Get the Financing You Need With a Home Equity Loan.

At Sauk Valley Bank we offer a variety of different loans to fit your needs. Do you have a home improvement job you’ve been wanting to tackle? Maybe you’d like to get a new roof or upgrade your windows? Or maybe it’s the dream of adding a new deck or putting in that swimming pool that you’ve always wanted. Whatever you have in mind, we can help make your vision a reality with a Home Equity Loan.

What is a Home Equity Loan?


A home equity loan lets you leverage the equity in your home as collateral and allows you to take a loan out that’s secured by that excess equity you already have built up in the home. 


Considered a second mortgage, these loans generally have lower interest rates. Interest on your home equity loan could also be tax deductible, so check with your financial advisor if that could be a possibility for you1.

Even if your mortgage is through another institution, you could still qualify for a home equity loan through Sauk Valley Bank. Just talk to one of our Universal Bankers or Mortgage Lenders to learn more.

How do Home Equity Loans work?

Equity is the difference between how much is owed on a mortgage loan and how much the home is worth. You can estimate how much equity you have in your home by subtracting how much you owe from how much your home is worth. For example, if you owe $100,000 on your mortgage loan and your home is worth $150,000, you have $50,000 of equity in your home. A home equity loan lets you turn equity into cash, allowing you to spend it in a variety of ways.

A home equity loan is often referred to as a second mortgage because it offers a steady repayment schedule for the life of the loan.

Interested in finding out more about Home Equity Loans?

Are you interested in finding out more about a home equity loan from Sauk Valley Bank? Get in touch with our knowledgeable bankers to find out how we can help you leverage the equity in your home. Call or visit one of our branch locations.

Why Choose Sauk Valley Bank

At Sauk Valley Bank, we work hard to find the solutions that fit your unique banking needs. With a variety of banking and lending options, our team has the experience and flexibility to find the right solution to fit your business.

We are committed to serving our communities with the highest quality of service. We focus on you and your needs – and offer you flexible and convenient solutions. Our aim is to build lifelong relationships, one customer at a time.

1Consult your tax advisor. Your tax and financial situation is unique. You should consult your tax and/or legal advisor for advice and information concerning your situation.


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