Home Equity Loans

Remodeling projects. A family vacation. College tuition. There are countless ways a CoVantage home equity loan can make your life a little (or a lot) better.
  • We’re happy to take applications, but due to COVID-19, high volumes, and inconsistent availability of third parties, our turn around time will be delayed. Thank you for your loyalty!

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Cover life's major costs. Or splurge on some simple pleasures.

CoVantage home equity loans provide our Wisconsin and Michigan borrowers with a lot of options. You can use the money to buy something special, or put it toward practical needs such as credit card debt or medical costs. You can also choose between two loan types. A standard home equity loan provides you with a lump sum that's repaid on a fixed schedule. Meanwhile, a home equity line of credit (HELOC) gives you access to a pool of money that you can tap into time and again over a period of years.

  • Borrow up to 100% of the current appraised value of your home, less the balance on your first mortgage
  • No transaction charge and no hidden fees
  • No teaser rates
  • No prepayment penalty
  • First mortgage doesn’t need to be from CoVantage
  • Transfer funds from your HELOC to your CoVantage checking using online and mobile banking services
  • Review our Home Equity Checklist
  • Our in-house loans are eligible for CoVantage's Loan Interest Rebate program

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