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Access cash from the equity in your home. Our loans and lines of credit use your home's equity as backing to lock in an affordable rate.

Key Features

  • Competitive Rates
  • Local Service
  • Great promotional rate!1
    • Now: 2.99% APR (special introductory fixed rate for 12 months)
    • Later: 4.49% APR (variable rate after introductory period)
  • No closing costs!1
  • Competitive rates for several ongoing or seasonal needs:
    • Education expenses
    • Major life events
    • Major home improvements
    • Debt consolidation
    • Emergency reserve
    • And much more
  • The existing equity in your home is used as collateral backing
  • Accommodating repayment terms that work for your budget
  • Funds available anytime without reapplying; apply once, then use repeatedly thereafter
  • Funds easily accessible via check, online banking transfer, telephone banking transfer, or contact your lender for a cashier’s check or transfer to your checking account
  • Draws can be made in $1,000 increments
  • The interest paid might be tax deductible2
  • Local decision-making and processing in Southeastern Wisconsin
  • Friendly, attentive service from beginning to end

Meet Our Lenders   Check Rates

Home Equity Term Loans are taken as one lump sum and paid off with monthly installment payments of principal and interest.

  • Competitive rates for several short-term or one-time needs:
    • Home improvement projects
    • Major purchases
    • Education expenses
    • Major life events
    • Debt consolidation
    • And much more!
  • Borrow from the equity in your home
  • Accommodating repayment terms that work for your budget
  • 0.25% discount on your interest rate when your monthly payment is automatically deducted from a Tri City National Bank checking or savings account
  • The interest paid might be tax deductible2
  • Local decision-making and processing in Southeastern Wisconsin
  • Friendly, attentive service from beginning to end

Meet Our Lenders   Check Rates

  • No closing cost mortgage*, under $150,000
  • Competitive interest rates, with cash out possible for:
    • Education expenses
    • Major life events
    • Major home improvements
    • Debt consolidation
    • And much more
  • Flexible terms
  • Local decision-making and processing in Southeastern Wisconsin
  • Friendly, attentive service from beginning to end
  • The interest paid might be tax deductible2

Meet Our Lenders   Check Rates

*Tri City offers no closing costs on certain mortgage and home equity loans. The no closing cost offers are not available for all loan amounts and purposes, and property and occupancy restrictions may apply. If applicable, costs not paid by Tri City include, but are not limited to: prepaid interest, escrow amounts, property and transfer taxes, seller adjustments, and homeowners, flood, owner’s title and mortgage insurance. Your APR may be higher when electing the no closing cost offer. Ask us for additional information on our no closing cost loans.  

1The advertised APRs and loan programs are subject to change at any time. APRs listed are effective as of 10/31/2019. Introductory APR is available on loans for owner occupied primary or secondary residences with up to 80% loan-to-value (LTV) and credit scores of 660 or higher. Refinances of existing Tri City National Bank Home Equity Lines of Credit may be eligible for the Introductory APR with an increase of 50% of the current credit limit or $25,000, whichever is less. Introductory APR is fixed for 12 months from closing date. After the 12-month introductory period, the APR is variable based on an index plus or minus a margin of -0.26% to +0.74% (based on credit score). The index is the Prime Rate (currently 4.75%) as published in the Wall Street Journal “Money Rates” table on the 10th day of the month and is subject to change monthly. Your APR will vary based on your final loan amount, actual finance charges and meeting specific credit qualifications. Your APR will not exceed 18.00% or go below 3.99% at any time during the term of your account after the introductory period. The term of a HELOC is 20 years, which consists of a 10-year Draw Period and a 10-year Repayment Period. Interest only payments are available during the Draw Period. You will not reduce the principal balance of the loan during the Draw Period if you make interest only payments. Any outstanding balance at the end of the Draw Period will then amortize based on the variable rate and will be repaid in monthly payments over the Repayment Period. Your APR is subject to change annually during the Repayment Period. Minimum Loan Amount is $5,000. Closing costs generally total between $276 and $1,077. The Bank typically pays for these closing costs unless an appraisal or certain title insurance is required. Appraisals are generally required on loan amounts equal to or greater than $100,000, and title insurance is generally required on loan amounts equal to or greater than $200,000. Property insurance, title insurance and flood insurance, if applicable, are required on all collateral. An Annual Fee of $50 will be charged to your loan each year during the Draw Period. If you terminate your right to obtain advances within 36 months from loan closing, an early termination fee of $350 will apply. Other restrictions may apply.

2Consult a tax advisor

Terms are subject to change. Tri City National Bank's Home Equity Lines of Credit require a mortgage on your home, failure to pay your loan could result in loss of your home. Homeowner's insurance is required, and flood insurance may be required on the property used as collateral.