Minnesota Bank & Trust
Home Equity Installment Loan

Refinancing your mortgage with a 15-year Home Equity Installment Loan is a smart financial decision for many.

Home Equity Installment Loan Offer

Home Equity Installment Loan Offer

 

REFINANCE TODAY. FINANCIAL FREEDOM TOMORROW.

A 15-year Home Equity Installment Loan can speed up how quickly you build equity in your home and save you thousands of dollars in interest payments. You can also cut the number of payments in half when you refinance your current mortgage with a 15-year Home Equity Installment Loan.

Why refinance your current mortgage with a 15-year Home Equity Installment Loan?

  • Pay off your home sooner - By condensing your loan term into 15 years, you'll eliminate your housing debt in half the time.
  • Save thousands in interest – With a lower interest rate and shorter term you’ll save thousands of dollars in interest payments over the life of the loan.
  • Build equity faster - Because more of your monthly payment applies toward your principal balance, you’ll build more equity in your home with each payment.

Try out our debt calculator to see how a Home Equity Installment Loan from Minnesota Bank & Trust may benefit you by consolidating you existing debts into a single fixed rate loan.

 

 

Do I need a Home Equity Installment Loan or a Home Equity Line of Credit?

Both loans use the equity in your home as collateral, so what’s the difference? Check out the chart below to get an overview of what makes these loans different and visit our Home Equity Line of Credit page to learn more.

Home Equity Loan Comparison Chart

 

Speak With One of Our Loan Experts

 

 

Speak With Our Loan Expert

 

Personal Banking

Michelle Hager

NMLS #1223973
Email Michelle
563.589.2116

Rhonda Johnson

NMLS #1934017
Email Rhonda
563.589.2163

Deanne Hayes

NMLS #537310
Email Deanne
563.744.4502

Janine Klauer

NMLS #537310
Email Janine
563.589.2152

Maddie Foust

NMLS #2166513
Email Maddie
563.589.2173

Amy Hesto

NMLS #523275
Email Amy
515.381.7953

 

Private Banking

Dee Crist

NMLS #718441
Email Dee
563.587.3987

Carissa Clinton

NMLS #1716854
Email Carissa
563.587.4054

Jessie Ehrlich

NMLS #557344
Email Jessie
563.587.3985

Corey Wolf

NMLS #505959
Email Corey
515.381.7957

 

Tina Kirschman

NMLS #539809
Email Tina
815.637.7009

Holly Bertucci

NMLS #1605025
Email Holly
815.777.0663

Kim Bittner

NMLS #509213
Email Kim
815.963.2161

Judy Meehan

NMLS #503633
Email Judy
815.963.2168

Mary Pohl

NMLS #502666
Email Mary
815.489.2155

Brandon Jewel

NMLS #863330
Email Brandon
480.844.4549

Vanessa Montoya

NMLS #542973
Email Vanessa
480.844.4514

Lee Redding

NMLS #502693
Email Lee
602.381.2123

Dominic Paxinos

NMLS #543066
Email Dominic
406.777.7810

Karla Johnson

NMLS #1735790
Email Karla
406.655.6028

Jolene Bradstreet

NMLS #543048
Email Jolene
406.751.7062

Delga Madrigal

NMLS ID#: 1651609
Email Delga
303.365.3663

Elaine Cheshire

NMLS ID#: 1831814
Email Elaine
720.873.3791

Jordan Cross

NMLS ID#: 1651608
Email Jordan
970.855.0528

Kim Webb

NMLS ID#: 1041994
Email Kim
720.873.3776

Danielle Culver

NMLS ID#: 1450679
Email Danielle
303.365.3711

Dayana Cuen

NMLS ID#: 1894403
Email Dayana
970.855.0705

Johan Gomez Sang

NMLS #1880137
Email Johan
651.314.2609

Sherry McClain

Consumer Lending Officer, VP
NMLS #1718545
Email Sherry
785.685.0631

Samantha Cruce

Consumer Lending Officer
NMLS #883598
Email Samantha
816.548.4051

Tracy Snow

Consumer Lending Officer
NMLS #166952
Email Tracy
913.234.2214

Nayri Anwaya

Fresno Banking Center
NMLS #725497
Email Nayri
559.256.6434

Andrea Santiago

Fresno Banking Center
NMLS #2085250
Email Andrea
559.256.6486

Antonio Gutierrez

Paso Robles & Higuera Banking Centers
NMLS #2271267
Email Antonio
805.226.4400

Sabrina Ostrowski

Oakhurst, Mariposa & Groveland Banking Centers
NMLS #746570
Email Sabrina
559.642.0635

Contact Us to Get Started

 

1The Annual Percentage Rate (APR) shown is accurate as of 05/21/2022 for up to a 15-year Fixed Rate loan with a Loan-to-Value (LTV) of 80%. Payment example: 180 monthly principal and interest payments of $382.44 assuming a $50,000 loan and 4.50% APR, a 0.50% origination fee, and a $11 flood determination fee. Origination fee applies to refinance transactions and waived for all other transactions, however, loans are not offered for home purchase loans. Customer is responsible for third party fees. Second home or vacation home properties will have at least an additional 0.30% APR. Your APR may be higher and will be based on your credit qualifications, loan amount, and the location and type of property. Payments shown do not include taxes or insurance. The actual payment obligations may be greater. APRs for LTV 80%-90% may be as low as 5.75% APR. Stated APRs include a 0.25% discount for automatic payment from a Minnesota Bank & Trust checking account. Maximum LTV on loans greater than $1,000,000 is 70%. Maximum loan amount of $2,000,000. Rates and terms are subject to change without notice. Rates are fixed after consummation. Contact lender for details. Limited time offer. Normal underwriting guidelines apply, subject to credit approval.

1The Annual Percentage Rate (APR) shown is accurate as of 05/21/2022 for up to a 15-year Fixed Rate loan with a Loan-to-Value (LTV) of 80%. Payment example: 180 monthly principal and interest payments of $382.58 assuming a $50,000 loan and 4.50% APR, with a $11 flood determination fee. Your APR may be higher and will be based on your credit qualifications, loan amount, and the location and type of property. Payments shown do not include taxes or insurance. The actual payment obligations may be greater. APRs for LTV 80%-90% may be as low as 5.75% APR. Stated APRs include a 0.25% discount for automatic payment from a Minnesota Bank & Trust checking account. Maximum LTV on loans greater than $1,000,000 is 70%. Maximum loan amount of $2,000,000. Origination fee waived; customer is responsible for third-party fees. Promotion is not valid on home purchase loans. Rates and terms are subject to change without notice. Rates are fixed after consummation. Contact lender for details. Limited time offer. Normal underwriting guidelines apply, subject to credit approval.

1The Annual Percentage Rate (APR) shown is accurate as of 05/21/2022 for up to a 15-year Fixed Rate loan with a Loan-to-Value (LTV) of 80%. Payment example: 180 monthly principal and interest payments of $382.58 assuming a $50,000 loan and 4.50% APR, with a $11 flood determination fee. Second home or vacation home properties will have at least an additional 0.30% APR. Your APR may be higher and will be based on your credit qualifications, loan amount, and the location and type of property. Payments shown do not include taxes or insurance. The actual payment obligations may be greater. APRs for LTV 80%-90% may be as low as 5.75% APR. Stated APRs include a 0.25% discount for automatic payment from a Minnesota Bank & Trust checking account. Maximum LTV on loans greater than $1,000,000 is 70%. Maximum loan amount of $2,000,000. Origination fee waived; customer is responsible for third-party fees. Promotion is not valid on home purchase loans. Rates and terms are subject to change without notice. Rates are fixed after consummation. Contact lender for details. Limited time offer. Normal underwriting guidelines apply, subject to credit approval.