Home Equity

At Forward Bank, we offer flexible home equity loan options for homeowners in Wisconsin and Minnesota, allowing you to tap into your home’s value for projects, debt consolidation, or other financial needs like sending a child to college. Whether you’re looking for a fixed-rate loan or a home equity line of credit (HELOC), we have solutions tailored to fit your goals.

Home Equity Loans

Often called a second mortgage, Home Equity Loans allow you to leverage the value of your home with a one-time, lump-sum payment at a fixed interest rate. You’ll enjoy competitive rates, flexible repayment terms, and the peace of mind that comes with knowing exactly what your payments will be each month.

Home Equity Line of Credit (HELOC)

A Home Equity Line of Credit (HELOC) provides a revolving credit line that you can draw from whenever necessary to cover renovations, unexpected expenses, or ongoing financial needs. With competitive interest rates, pay interest only on what you borrow, and the freedom to access funds as your needs change, a HELOC offers the convenience and control you need to manage your finances with confidence. (Consult your tax advisor to discuss potential tax benefits).

Moving Homeowners Forward

Navigating home equity loans and lines of credit can be challenging, but understanding your options simplifies the process. Our local team of mortgage lenders are here to guide you, ensuring you choose the best solution to make the most of the equity in home while accomplishing your financial goals.