Couple imagining home equity

Home Equity Loans & Lines of Credit

Are you looking to remodel your home? Do you need money for that dream vacation? Are you planning to make a major purchase? Do you have a child going away to college? Are you in the process of consolidating your debt? A Home Equity Loan from Farmers State Bank can make this a reality. Our home equity loan is secured by real estate and can be either a first or second mortgage. Let one of our local lenders help you find a loan that will fit your needs.

We Offer

  • Closed-end - Term loan amortized over specific time frame
  • Open-end Advantage Account - Revolving line of credit

Advantages

  • Tax deductible**
  • Convenience
  • Can use the money for a wide variety of reasons and terms

**Please consult your tax advisor regarding the deductibility of interest.

Rates

For current rates, please call (715) 258-1400 and ask for our loan department.

Apply Today

To apply for a Home Equity Loan today, please fill out our online application. Farmers State Bank of Waupaca NMLS #485154.

Meet Our Lending Team

Home Equity Checklist

  • Completed Application
  • 2 most recent paystubs within the last 30 days
  • 2 most recent checking & savings statements
  • Last 2 years of W2s
  • If self employed last 2 years of tax returns (include all pages)
  • Social Security and or Pension award letters
  • Investment, IRA, 401K statements
  • Drivers license for all applicants
  • Signed Borrowers Certification & Authorization
  • Signed & completed Request for Tax Transcripts
  • Signed Right to Receive Copy of Appraisal
  • Signed Appraisal Delivery Waiver
  • Proof of homeowners insurance coverage
  • Additional items if requested by underwriters