Home Equity Lines

Flexibility & Freedom to do the Things that Need Doing

Estimate Your Payment   ➤

A Home Equity Line of Credit gives you access to money that you might need to handle a series of on-going expenses. From remodeling your home to paying for college, the money is there when you need it. Once approved, the Equity Line of Credit from Paint_RollersFirst Northern is set up so you can write checks when you need it.

A First Northern Financial Services Advisor will cover all the details with you from start to finish.

With a Home Equity Line of Credit you receive:

  • Up to 85% of your home’s appraised value (minus any outstanding balances owed)
  • An account from which you can withdraw only when you need it
  • Payments don’t begin until you actually use the money
  • Only repay the portion of the loan (plus interest) you use
  • If the purpose of your home equity line of credit advance is for substantial home improvements or to purchase your primary residence, interest payments may be tax deductible*

To get the application process started or to receive more information just stop in at the nearest First Northern branch and discuss the Home Equity Line of Credit program with a Financial Services Advisor.

Feel free to Contact Us with any questions and we’ll be happy to provide the answers you need.

*As with any financial transaction with tax implications, we encourage you to consult with a Tax professional to receive the most current information.

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Refinance and Save

Home Equity Lines

Borrow up to 85% of your home's equity
Line of Credit (variable) 5.00% APR*
Estimate Your Payments   ➤


Home Access Lines

Borrow up to 100% of your home's equity
Line of Credit (variable) 7.50% APR*



*APR = Annual Percentage Rate. Subject to credit approval. Rates are subject to Lender’s credit criteria, certain conditions, and restrictions. Offer valid on Illinois residences only. Fixed rate repayment example: 5.49% APR for 120 months is $10.85 per $1,000 borrowed.