FDIC-Insured - Backed by the full faith and credit of the U.S. Government
UNDERSTAND
HOME EQUITY.
AND HOW A HELOC WORKS
Tap into your home's value for the projects and expenses that matter most, with the flexibility to borrow only what you need, when you need it.
A HELOC ISN'T JUST FOR HOME RENOVATIONS.
COLLEGE TUITION
WEDDING EXPENSES
UNEXPECTED COST
OPPORTUNITIES ALONG THE WAY
Questions About Home Equity?
START WITH A CONVERSATION.
How Jim Can Help
Jim is a lender serving Harlan and surrounding communities. He works with individuals, families & business owners to find banking and lending solutions that fit their needs and goals.
Jim can help with
- Home Equity Lending
- Personal Loans
- Home Financing
- Agricultural Loans
- Everyday Banking needs
Lending in Harlan, Iowa
Whether you have questions about borrowing, managing your accounts or planning your next financial step, Jim is here to provide personalized, local service you can count on.
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How Rob Can Help
Rob is a lender serving Panama and surrounding communities. He works with individuals, families & business owners to find banking and lending solutions that fit their needs and goals.
Rob can help with
- Home Equity Lending
- Personal Loans
- Home Financing
- Agricultural Loans
- Everyday Banking needs
Lending in Panama, Iowa
Whether you have questions about borrowing, managing your accounts or planning your next financial step, Rob is here to provide personalized, local service you can count on.
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How Shelly Can Help
Shelly is a lender serving Mapleton and surrounding communities. She works with individuals, families & business owners to find banking and lending solutions that fit their needs and goals.
Shelly can help with
- Home Equity Lending
- Personal Loans
- Home Financing
- Agricultural Loans
- Everyday Banking needs
Lending in Mapleton, Iowa
Whether you have questions about borrowing, managing your accounts or planning your next financial step, Shelly is here to provide personalized, local service you can count on.
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How Lender Can Help
Lydia is a lender serving Ida Grove and surrounding communities. She works with individuals, families & business owners to find banking and lending solutions that fit their needs and goals.
Lydia can help with
- Home Equity Lending
- Personal Loans
- Home Financing
- Agricultural Loans
- Everyday Banking needs
Lending in Ida Grove, Iowa
Whether you have questions about borrowing, managing your finances, or planning your next financial step, Lydia is here to provide personalized, local services you can count on.
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How Kathy Can Help
Kathy is a lender serving Harlan and surrounding communities. She works with individuals, families & business owners to find banking and lending solutions that fit their needs and goals.
Kathy can help with
- Home Equity Lending
- Personal Loans
- Home Financing
- Agricultural Loans
- Everyday Banking needs
Lending in Harlan, Iowa
Whether you have questions about borrowing, managing your accounts or planning your next financial step, Kathy is here to provide personalized, local service you can count on.
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How Jen Can Help
Jen is a lender serving Ida Grove and surrounding communities. She works with individuals, families & business owners to find banking and lending solutions that fit their needs and goals.
Jen can help with
- Home Equity Lending
- Personal Loans
- Home Financing
- Agricultural Loans
- Everyday Banking needs
Lending in Harlan, Iowa
Whether you have questions about borrowing, managing your accounts or planning your next financial step, Jen is here to provide personalized, local service you can count on.
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Home Equity Loans
A home equity loan allows you to borrow money against a limit determined by the equity you’ve built into your home. Our home equity loans have competitive interest rates and a variety of payment terms to meet your needs.
Account Summary
- Best for large, single purchases of a specific amount for predictable monthly payments
- Loan amount is determined by need, equity in home, income and credit score
- Multiple payment options and rates (dependent on income and credit score)
- Lower rates than personal loans
Home Equity Line of Credit
A Home Equity Line of Credit (HELOC) allows homeowners to access a portion of the equity they've built in their home. It provides a flexible access to funds when needed, with interest charged only on the amount used. Whether you're planning a home improvement project, consolidating debt, covering education expenses, or preparing for unexpected cost, a HELOC may provide a solution worth exploring.
Account Summary
- Best for multiple purchases, ongoing use or projects with uncertain costs
- Make purchases with a Visa® Debit Card, check or online transfer
- Only pay interest plus 1% of the principal balance on the amount you are using
- Credit limit is determined by need, equity in home, income and credit score
- Lower rates than personal lines of credit
- Can be linked to an SCSB checking account for overdraft protection. (Subject to compliance approval.)
HELOC FAQS
Get quick answers to common questions about how a HELOC works and what to expect.
A Home Equity Line of Credit is a revolving credit line that lets you borrow against your home’s equity as needed, up to a set limit.
Yes, if interest rates change or if you borrow more money.
Typically, 2–6 weeks, depending on appraisal and documentation requirements.
There are no fees with an SCSB HELOC
A HELOC ends when the “draw period” is over. This is after five years. After that, the bank will contact you about renewing the line of credit if you are in good standing.
Still Have Questions?
Our lenders are available to answer questions and help you understand your options.