Put your home's value to work.
Whether you're building a new deck, adding a pool or repairing your roof, a home equity loan or line of credit from Northwest can give you just what you need to make it happen. Both feature great rates and low fees. Plus, you can apply online or in person and close on your terms—we'll even send someone to you. Our experts are available to walk you through every step of the process to deliver what you need on time.
• Fixed-rate and term with set monthly payments
• Minimal closing costs, typically ranging from $60 to $500
• Loan amounts available up to $500,000.00
• Qualifying applicants can borrow up to 95% of their home’s value
• Adjustable-rate, with options as low as Prime - .50%
• Minimal closing costs, typically ranging from $60 to $500
• Loan amounts available up to $500,000.00
• Interest-only payments during initial 10-year draw period
• Ability to lock in all, or a portion, of your balance into a fixed rate and term
• Product features interest-only payments, until balance maturity
• Balance is due in 12 months or upon sale of current property, whichever comes first
• Program available to Northwest customers in conjunction with new purchase mortgage or construction loan
• Customers may consolidate existing debt in addition to cash-out to assist with new purchase mortgage or construction loan
Northwest home equity difference
Affordability
Great rates, low fees.
Convenience
Online or in person–apply on your time, the way you want.
Flexibility
Close on your terms. We’ll send someone to you, whether it’s at your home or the local coffee shop.
No surprises
Our monthly payments are affordable and predictable.
Expertise
Mortgage experts are available to walk you through every step of the loan process to deliver what you need on time.