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Home Equity Promotions.

Make Your Home Work For You

You invested a lot in your home, don't you think it's time it gave something back? You can use your existing asset to help fulfill your dreams.

This is the perfect time to take advantage of low fixed rates on our current home equity offers. Choose the term that works for you, with potential tax benefits.± You can even use a home equity loan to refinance your existing mortgage. Not only will you secure a great, low rate, but you'll save even more with no closing costs¹ or application fees.

Home Equity Loan Features:

  • Receive all your funds up front as a lump sum
  • Use for home improvements, large purchases, tuition, or debt consolidation
  • Get a rate and payment that will remain the same during the life of your loan
  • Interest may be tax-deductible ±

Click for additional rates and terms.

Not sure if a home equity loan is right for you? A Home Equity Line of Credit (HELOC), may be a better option for you. Check out our current HELOC promotion.

Stop in to apply with one of our friendly and knowledgeable customer service representatives at your local branch office. For more information, feel free to call us at (630) 652-2000.

*2.75% Fixed Annual Percentage Rate (APR) accurate as of October 26, 2020, and is available for 5-15 year term on a first lien Home Equity Installment Loan, for loans $100,000 and greater. This offer is primarily available to new WSB Real Estate Loan Customers. However, existing WSB Real Estate Loan Customers may be eligible to refinance their current WSB Real Estate Loan or line if they meet all requirements and, after paying off the existing WSB Real Estate Loan or line balance, increase the loan amount by an additional $50,000. Loan-to-value not to exceed 80% secured by owner occupied 1-4 unit residential property. For loans greater than $500,000, loan-to-value not to exceed 70% secured by owner occupied 1-4 unit residential property. All loans are subject to credit approval. Property and flood insurance (if applicable) is required. A 15-year fixed rate loan of $100,000 at advertised rate would require 180 monthly payments of $679.41. Payment example does not include amounts for taxes and insurance premiums. West Suburban Bank pays all closing cost. This promotion is available for a limited time and West Suburban Bank may withdraw this offer at any time.

**4.49% Fixed Annual Percentage Rate (APR) accurate as of October 26, 2020, and is available for 5-year term on a second lien Home Equity Installment Loan. Maximum Loan-to-Value 80% secured by owner occupied 1-4 unit residential property. For combined liens that exceeds $500,000, the Loan-to-Value cannot exceed 70%. A 5-year fixed rate loan of $50,000 at advertised rate would require 60 monthly payments of $933.70. The above payment examples do not include amounts for taxes and insurance premiums. Property and flood insurance (if applicable) will be required. Subject to credit approval.

¹ WSB pays all closing costs. If your Home Equity Installment Loan is fully repaid sooner than 35 months after disbursement date, you will be responsible to repay us for all bona fide third-party charges that we waived at or before consummation. These charges typically total approximately $370-$579, but may be higher in certain circumstances. You will receive an itemized list of actual charges at closing.

This promotion is available for a limited time and West Suburban Bank may withdraw this offer at any time.

± Consult your tax advisor for deductibility of interest.

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