Home Equity

Home Equity Line of Credit


A Home Equity Line of Credit from the State Bank of Cross Plains works more like a credit card and lets you borrow money when you want up to your limit. Benefits include: 

  • Paying interest rates that are far below those paid on typical credit cards
  • Deducting the interest you pay from your taxes. (Contact your tax advisor for specific information) 
  • Flexibility of interest only monthly payments
  • Access funds as needed without having to re-apply

Home Equity Loan


A Home Equity Loan can help cover the cost of a large purchase, like a new roof on your home, a college education for your child or an unexpected medical bill. It allows
homeowners to borrow money by leveraging the equity they have built up over time.  A Home Equity Loan from State Bank of Cross Plains provides the money you need now with loan options that work for you. 

Choose from two options:

Fixed Rate Loan Option

  • Great way to consolidate your debt 
  • Funds disbursed in one lump sum
  • Fixed monthly payments for the life of the loan 
  • You may be able to deduct the interest you pay from your taxes (contact your tax advisor for specific information) 

Adjustable Rate Loan Option

  • Great choice for borrowers looking to stay in their home for the short-term
  • Interest rate is locked for the initial period and then adjusts annually
  • Monthly payments adjust as interest rates adjust
  • You may be able to deduct the interest you pay from your taxes (contact your tax advisor for specific information) 

To learn more about the benefits of a Home Equity Loan, contact us today at (855) 256-7328. To secure a Home Equity Loan, APPLY NOW