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Mortgage Banking at it's Best. The Lake Bank.

 

Home Equity Lines

 

A Home Equity Line of Credit (also called a HELOC) is a mortgage that is an open- ended line of credit based on your homes equity.  This type of mortgage is ideal for debt consolidation or home improvement. 

  • Borrow up to 90 % of your home's value
  • Fixed and variable rates available
  • Interest-only payments*
  • Easy advance process
  • Quick approval

*Interest only payments may result in a balloon payment at the end of the loan term.

 

 

 

 

 

 

 

 

 

    

THE LAKE BANK
Main Office
613 First Avenue
Two Harbors, Minnesota 55616
Phone: (218) 834-2111
Fax: (218) 834-4753
Equal Housing Lender
©2005 The Lake Bank. All Rights Reserved.
THE LAKE BANK
Silver Bay Branch
88 Outer Drive
Silver Bay, Minnesota 55614
Phone: (218) 226-4959
Fax: (218) 226-4962