Home Loans – Home Equity
Your home is an investment. Make the most of it with a home equity loan from Savanna-Thomson State Bank. Use the money to make home improvements, pay for unexpected expenses, or finance a second home. We offer flexible and competitive rates and, as always with Savanna-Thomson State Bank, the application process is as easy as possible with our online application. Why look any further for loan services than the bank you use for all of your personal banking needs? Savanna-Thomson State Bank can take care of all your banking needs in one place, keeping your banking extremely professional and personal all at the same time. Enjoy simplifying your life a little bit by keeping all of your banking and loan accounts at the same place, with the same people.
We offer flexible and competitive rates and make the application process as easy as possible.
The equity refers to the difference between what is owed by the mortgage lender and the current market value of the property. If you owe $100,000 on your mortgage but your home is worth $250,000, your equity is $150,000.
Ask us about our HomePlus Loans!
(Home Equity Revolving Lines of Credit)
This loan comes with checks to “Write Your Own Loan”!