FirstBank & 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.

 

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 Line of Credit vs. Home Equity Installment Loan

 

Speak With One of Our Loan Experts

 

Deanne Hayes

NMLS #1696011
Email Deanne
563.589.2117

Michelle Hager

NMLS #1223973
Email Michelle
563.589.2116

Dee Crist

NMLS #718441
Email Dee
563.587.3987

Carissa Seeley

NMLS #1716854
Email Carissa
563.587.4054

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

Nicole Morig

NMLS #1736889
Email Nicole
815.637.7861

Mary Pohl

NMLS #502666
Email Mary
815.489.2155

Oscar Trevino

NMLS #843564
Email Oscar
480.610.3920

Nicci Carpenter

NMLS #542973
Email Nicci
480.844.4546

Vanessa Montoya

NMLS #883161
Email Vanessa
480.844.4514

Miles Miley

NMLS #742565
Email Miles
480.595.4973

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

Stephanie French

NMLS #1185100
Email Stephanie
406.765.3212

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

Julianne Cords

NMLS #1572085
Email Julianne
952.841.9336

Sue Ellen Toppings

NMLS #1935785
Email Sue Ellen
952.746.3385

Regina Esquibel

NMLS #421472
Email Regina
913.234.2403

Tracy Snow

NMLS #166952
Email Tracy
816.548.4054

Doug Jones

NMLS #1172799
Email Doug
913.234.2203

Nayri Anwaya

NMLS #725497
Email Nayri
559.256.6434

Sabrina Ostrowski

NMLS #746570
Email Sabrina
559.642.0635

Rosario Moran

NMLS #995203
Email Rosario
805.464.5494

Keith Dron

NMLS #743339
Email Keith
805.547.2565

Kimethy Ellis

NMLS #1442997
Email Kimethy
209.966.5444

Andrea Santiago

NMLS #2085250
Email Andrea
559.256.6486

Nique Dalise

NMLS #1880664
Email Nique
806.788.2803

Starla Paschall

NMLS #1770787
Email Starla
806.776.6876

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Contact Us to Get Started

 

1The Annual Percentage Rate (APR) shown is accurate as of 08/05/2021 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 $342.97 assuming a $50,000 loan and 2.90% 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 4.15% APR. Stated APRs include a 0.25% discount for automatic payment from a FirstBank & Trust checking account. Maximum LTV on loans greater than $500,000 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.