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Home Equity Line of Credit Special Rate!

posted on Monday, August 15, 2022 in Campaign Specials

Free Up Some Ca$H This Fall With Your Northwest Bank Home Equity Line Of Credit.

4.99% ARP* 18-Month Introductory Rate. Variable Rate Thereafter, Currently 5.75% APR* 

Remodel, Plan a Vacation, Purchase a New Vehicle, Pay Off Debt and More! 

Have the cash for whatever you need! Take advantage with our special low-rate Home Equity Line of Credit. Available for a limited time...a convenient and flexible way to use the equity you have in your home to help fund the things you want! 

Apply online today at your convenience! 

Orange Leaf

Complete An Online Application Contact A Banker 

  • Our online app takes approximately 10 minutes to complete.
  • Plus, check the status of your application and securely upload any supporting documents when it’s convenient for you!
  • Complete your Home Equity Line of Credit application and a banker will contact you within one business day!

Learn more about our Home Equity Line of Credit. 

Ask how to get $100 when you open a new checking account with your HELOC!**

Do you want to expand your banking relationship with us? We’ll deposit $100 into your checking account when you pick a minimum of 4 new products or services to get started with!** 

  • Refer-a-Friend
  • Set-up Two Electronic, Automatic Payments (ACH)
  • Set-up Direct Deposit
  • Open a Savings Account / CD
  • Apply for a Home Equity Line of Credit
  • "Like Us Twice" (Facebook, LinkedIn, Twitter, Instagram)
  • Enroll in Credit Sense***
  • Apply for a Northwest Bank Credit Card
  • Sign-up for our Northwest Bank eNewsltter
  • Apply for a Consumer Loan
  • Set-up a meeting with a Wealth Advisor
  • Get a free Insurance Quote **** 

Choose the checking account that best works for you, then come in and visit with one of our personal bankers. 

Open An Account Online    

What Is a Home Equity Line Of Credit?

A  Home Equity Line of Credit (HELOC) is a revolving (open-end) line of credit with a variable interest rate secured by the equity in your home. A HELOC functions similarly to a credit card in which you advance funds as needed and make periodic payments towards the interest accrued; with the option to make additional principal payments.

Our Home Equity Line of Credit is a convenient and flexible way to use the equity you have in your home to get the things you want.  You can use the equity in your home to:

  • Manage or consolidate bills
  • Pay for education expenses 
  • Make home improvements (remodel or renovate)
  • Fund your dream vacation
  • Purchase a new car

Northwest Insurance Services. Home | Auto | Pet | Boat | RV | Life | Business

We want to get you the right insurance coverage for your home, car, rental and so much more at the right price.  Our insurance agents will help save you time and money by getting you quotes from multiple carriers all in one place.  Call us at 1.844.445.9276 for a free, no obligation quote today!  

Get Your Quote Today

Insurance Products are not insured by FDIC or any Federal Government Agency; are not a deposit of, or guaranteed by the Bank or any Bank Affiliate; and may lose value.    


Send us a quick message and we'll help you get started today!

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Complete your information and a Northwest Bank Personal Banker will follow-up with you during normal business hours!



    *The Home Equity Line of Credit (HELOC) 4.99% initial Annual Percentage Rate (APR) will be fixed for the first 18 months. After the intro period, the APR is subject to change daily and will adjust to the Prime Rate (index) as published by the WSJ minus 0.50%; as of 9/22/2022 5.75%. Rates are in effect as of 8/15/2022 and apply to applicants with credit scores of 720 and greater. For applicants with credit scores of 650-719, a 0.50% margin will be added to the intro rate, and after the intro period, a 0.75% margin will be added to the index. For applications with a loan-to value ratio greater than 89%, a 0.50% margin will be added to the intro rate, and after the intro period a 0.25% margin will be added to the index. For applicants with credit scores of 650-719 and a loan-to-value greater than 89%, a 1.00% margin will be added to intro rate, and after the intro period, a 1.00% margin will be added to the index. The ceiling rate in Nebraska is 19% and in Iowa is 21%. Floor rate after intro period is 3.75% APR. Maximum line size of $75,000. New HELOC loan money only and subject to normal underwriting criteria. Property Insurance is required. An open and active Northwest Bank checking account is required. Origination fee waived. Appraisal costs (if applicable) will be at the applicant’s expense - approximately $400. One-time processing fee of $50. Available to applications dated 8/15/2022 – 9/30/2022.    

    **Cash incentive is only available when you meet with a Northwest Bank Personal Banker and select 4 new products or services from the available list. Northwest Bank checking account is required. The minimum opening balance of $10 is required to receive the bonus; bonus will be deposited into your Northwest Checking account within 7 business days of completing your banker meeting. If you received the $100 bonus offer as a result of opening a new checking account, your new checking account is subject to an early account closing fee of $50 (if you close your new account within 90 days of account opening). Annual Percentage Yield of 0.00% on checking account effective 8/15/2022.

    ***The credit score provided is intended to help you understand the factors that affect your credit score, and ways you may be able to save money with Northwest Bank loan products. It is generally not used for loan approval purposes or for determining loan rates. Loan rates and approvals are based on information provided to the bank when you apply for a loan. The credit score found in the credit report may be different than the credit score you see here. The offers presented here are not offers to lend; normal underwriting criteria apply. Terms and conditions and offers are subject to change at any time.

    ****Insurance Products are not insured by FDIC or any Federal Government Agency; are not a deposit of, or guaranteed by the Bank or any Bank Affiliate; and may go down in value.

    Advisors represent Northwest Wealth Management, a registered investment advisor and affiliate of Northwest Bank. Not FDIC insured. No bank guarantee. May lose value.

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