HOME EQUITY LOANS

Home equity loans can be a practical way to use the value of your home, and at First National Bank of Brookfield, we help homeowners in Brookfield, Illinois put that equity to work. Whether you are planning home repairs, covering education expenses, or managing other significant costs, home equity loans can offer a smart and affordable borrowing option. Because the loan is secured by your property, it typically provides lower interest rates and predictable monthly payments.

At First National Bank of Brookfield, we take the time to help you understand your available equity and how it fits into your overall financial picture. Our team offers competitive rates, flexible options, and clear guidance so you can choose loan terms that align with your budget and long term goals. With local decision making and personal service, the borrowing process stays straightforward and transparent.

As your plans evolve, we are here to help you explore the right lending solution. For major renovations or new construction, a construction or rehab loan may be a better fit, while refinancing into a home mortgage loan can support broader financial goals. For smaller expenses, a personal loan may be an option. No matter the need, we partner with you to use your home’s equity wisely and with confidence.

A flexible way to borrow using your home’s value

• Fixed monthly payments
• Competitive interest rates
• Funds for large or planned expenses
• Local guidance from start to finish

Equity loans designed for planned borrowing

Equity loans are best suited for homeowners who want a clear borrowing amount and predictable payments. With a defined term and consistent monthly structure, they can provide confidence when planning larger expenses without disrupting your day-to-day finances. Our local team helps ensure the loan structure aligns with your timeline, budget, and comfort level.