Tap Into the Value of Your Home with a HELOC

At FreedomBank, we empower success by helping you put your home’s equity to work. A Home Equity Line of Credit (HELOC) gives you flexible access to funds for things like home improvements, education, debt consolidation, or unexpected expenses.

A HELOC is a revolving line of credit that uses your home as collateral. You can borrow what you need, when you need it, up to your approved limit. Unlike a traditional loan, you only pay interest on the amount you use.

• Local decisions and fast answers
  Our team lives and works in your community, and we make decisions right here in Northeast Iowa.
• Flexible terms* that fit your needs
  You can draw funds over time and only pay interest on what you use.
• Personal guidance from a lender you know
  You’ll work with someone who takes the time to understand your situation and help you make a confident decision.

Not sure if a HELOC is right for you?

Start with this helpful guide from the Consumer Financial Protection Bureau:
What You Should Know About Home Equity Lines of Credit (PDF)

Reach out to your local FreedomBank office in Elkader, Monona, Postville, or Waukon to start the conversation with a lender. We're here to help you explore your options and answer your questions.