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Southwest Missouri Bank – Personal Banking
Southwest Missouri Bank – Personal Banking


Home Equity Loans

We offer both flexible and fixed-rate Home Equity loans; let us help you choose the right one for you. Indulge yourself with a dream vacation, make improvements to your home, pay college tuition or consolidate debt - the choice is yours!

Benefits:

NO Annual Fees
NO Fees or Penalties for Early Payoff
NO Application Fees
NO Closing Fees on Home Equity Credit Lines
Tax-Deductible Interest*
Easy Access with Checks (Home Equity Line of Credit only)
Flexibility- borrow as you need, when you need it
Easy to Apply

Flexible Line of Credit Home Equity Loan
Use the equity in your home to secure a check accessible line of credit. Apply only once. When approved, accessing your line is as simple as writing a check. Competitive variable rates allow you to borrow what you need when you need it. As you repay your principal, that money becomes available to the borrower over and over again.

Home Equity Fixed Rate Loan
This home equity loan is a fixed-rate, simple interest loan that guarantees your rate will not change or increase during initial term. Fixed-rate products are ideal for those one-time expenditures or when on a budget.


*Consult a tax advisor regarding the deductibility of interest and charges under this type of Line of Credit