Loan Program
Home Equity Loans
Put your home's equity to work with a lump-sum loan or a flexible line of credit.
Your home's equity is one of your most valuable financial assets. A home equity loan or HELOC from Great Lakes Financial lets you access that value at rates far below most personal loans or credit cards.
Loan vs. line of credit
- Home Equity Loan: a fixed lump sum with predictable monthly payments — ideal for a single large expense
- HELOC: a revolving line you draw from as needed — ideal for ongoing projects or a financial safety net
Common uses
- Home renovations and additions
- Debt consolidation
- Education expenses
- Large medical expenses