Yes! Using Home Equity for Home
Improvement Has Never Made More Sense.
Dreaming of a better home? You don’t have to move to improve. With a home improvement loan from Northwest Bank, we’ll help put your home equity to work, to make the improvements you always dreamed of, but just couldn't quite manage financially. Maybe it’s a new deck. Or a modern kitchen with the latest quartz countertops and stainless appliances. Or that extra bathroom the family’s been asking for. Or perhaps it’s just finally time to ‘go green’ and replace those drafty windows and doors, and put in the latest high-efficiency furnace and air conditioning.
For these and dozens of other home improvements that can add value, comfort, and just plain joy to everyday life, we’ve got that!
Home Improvement and Home Equity Loans and HELOCs
Northwest Bank offers home equity loans, home equity lines of credit, also called HELOCs, and Home Improvement (unsecured) loans to help you pay for a variety of home improvements.
- Home Equity Loan: Offered as a non-revolving loan, you’ll receive the full amount of the loan up front.
- Home Equity Line of Credit (HELOC): Is a revolving line of credit that allows you to draw on a pre-established limit as you need.
- Home Improvement Loan (Unsecured): Even with little or no equity in your home, it’s possible to qualify for an unsecured Home Improvement Loan from Northwest Bank.
- Mortgage Refinance: Depending on your current mortgage type and interest, it might make sense to pay for a home improvement by refinancing your mortgage.
So, what’s best for you?