Dubuque Bank and Trust
Home Equity Line of Credit

Use the equity available in your home to fund your passions at an affordable rate.

Limited Time HELOC Offer

Limited Time HELOC Offer

 

Fund Your Passion With a HELOC - No Closing Costs!4

Fund Your Passion With a HELOC - Low Closing Costs!4

Whether it's navigating the great outdoors, kicking your favorite dish up a notch with your culinary skills, furnishing your living space with just the right look and feel, or anything in-between Dubuque Bank and Trust is here to help fund your passion.

Take advantage of these additional rate discounts after the introductory rate based on eligible deposit accounts held at Dubuque Bank and Trust.3

Rate Discount Deposit Account Balance APR
0.00% $0 - $49,999.99 as low as 4.00%2
0.25% $50,000 - $99,999.99 as low as 3.75%2
0.50% $100,000 - $199,999.99 as low as 3.50%2
0.75% $200,000 and above as low as 3.25%2

 

Click here to view an important note before clicking on links within the video.

What’s the difference between a Home Equity Line of Credit and a Home Equity Installment Loan?

Both loans use the equity in your home as collateral, so what’s the difference?

A Home Equity Line of Credit (HELOC) is a revolving credit line similar to a credit card. The borrower can draw money on the HELOC, pay it back, and then draw on it again if they choose. 

A Home Equity Installment Loan is a fixed term loan with a fixed interest rate. The borrower will receive the lump sum of the amount they are approved for, and then will pay it back with a fixed term and fixed interest rate.

A HELOC may be the best option if you aren’t sure when or how much money you need. If you do not draw money from your HELOC, you do not have to make any payments. A Home Equity Installment Loan would be a good option if you have a larger project that you know the cost of up front.

Contact Us to Get Started

Get Started Now
Through Video Banking

Talk to your banker live, face-to-face with video banking through your laptop or mobile device. Apply for a HELOC with our help every step of the way. Have a question? Just ask!

Start Video Call

Schedule an Appointment

Video Banking is available:

Monday - Friday: 8:30 a.m. - 7:00 p.m. CT
Saturday and Sunday: 9:00 a.m. - 12:00 p.m. CT

Prefer an app experience?
We have that too.

Download the mobile app here:

Get it on Google Play    Download on the App Store

 

Speak With One of Our HELOC Experts

 

Tara Blanchard, NMLS #1896645

tblanchard@dubuquebank.com

563.589.2164

Michelle Hager, NMLS #1223973

mhager@dubuquebank.com

563.589.2116

Linda Duccini, NMLS #537310

lduccini@dubuquebank.com

563.589.2173

Nikki Peebles, NMLS #539666

npeebles@illinoisbank.com

815.777.5107

Kyle York, NMLS #930003

kyork@illinoisbank.com

815.484.7553

Brenda Nayonis, NMLS #509216

bnayonis@illinoisbank.com

815.489.2147

Justine Gallegos

NMLS #1432176

jgallegos@nmb-t.com

505.830.8117

Shirl Welch

NMLS #539909

swelch@nmb-t.com

505.830.8208

Michelle Vasquez

NMLS #1530378

mvasquez@nmb-t.com

505.830.8191

Carrie Taylor

NMLS #539907

ctaylor@nmb-t.com

505.946.2507

Jessica Hayes, NMLS #925249

jhayes@arizbank.com

480.844.4546

Dominic Paxinos, NMLS #543066

dpaxinos@rmbank.com

406.777.7810

Matthew Long, NMLS #935625

mlong@citywidebanks.com

303.215.4320

Drew Brown, NMLS #2076738

Abrown2@mnbankandtrust.com

952.746.3366

Regina Esquibel

NMLS #421472

REsquibel@bankbv.com

913.234.2403

Patricia Heinen

NMLS #1138672

PHeinen@bankbv.com

785.284.7816

Ryan Brady

NMLS #1857772

RBrady@bankbv.com

913.234.2256

Cathy Ford

NMLS #772754

CFord@bankbv.com

816.548.4038

Nayri Anwaya, NMLS #725497

nanwaya@premiervalleybank.com

559.256.6434

 


1Annual Percentage Rate (APR) shown above is variable after 6-month introductory rate and subject to change without notice. Introductory APR for loan-to-value (LTV) between 80% - 90% will be 3.24%. After the introductory rate, the index used to determine the interest rate is the Wall St. Journal Prime Rate. Index as of 12/14/2020 was 3.25%, plus a margin of 0.75%. Your margin and APR will be based on credit history, loan-to-value, eligible deposit account balance with Dubuque Bank and Trust and automatic monthly payments. The minimum APR for plans with an 80% or less LTV is 3.25% and LTV between 80%-90% will be 4.50%. Maximum APR is 17.50% on all plans. $15 annual fee will be assessed on the anniversary date of the loan.

2Automatic payment from Dubuque Bank and Trust checking account is required or 0.25% will be added to the APR.

3Eligible deposit accounts include personal consumer checking, savings, and money market accounts. Funds must be in deposit account prior to final loan approval.

4No closing costs. Hazard insurance is required and flood insurance may be required.

The offer is available on new lines only, owner occupied homes. In order to qualify as a new line, you may not have had a line using the same owner-occupied home as collateral with Dubuque Bank and Trust within the past 30 days. Not available on piggyback loans to purchase property, homes that are for sale and/or listed for sale, purchase money HELOCs and refinancing existing bank mortgage or HELOC debt even if new money. Subject to credit approval and normal underwriting guidelines. Contact lender for details. Apply by 6/30/2021.

1Annual Percentage Rate (APR) shown above is variable after 6-month introductory rate and subject to change without notice. Introductory APR for loan-to-value (LTV) between 80% - 90% will be 3.25%. After the introductory rate, the index used to determine the interest rate is the Wall St. Journal Prime Rate. Index as of 12/14/2020 was 3.25%, plus a margin of 0%. Your margin and APR will be based on credit history, loan-to-value, eligible deposit account balance with Minnesota Bank & Trust and automatic monthly payments. The minimum APR for plans with an 80% or less LTV is 5.00% and LTV between 80%-90% will be 6.25%. Maximum APR is 17.50% on all plans. $50.00 annual fee will be assessed on the anniversary date of the loan.

2Automatic payment from Minnesota Bank & Trust checking account is required or 0.25% will be added to the APR.

3Eligible deposit accounts include personal consumer checking, savings, and money market accounts. Funds must be in deposit account prior to final loan approval.

4Low closing costs. Borrower responsible for mortgage registration tax and state deed tax, if applicable, which ranges from $0 - $3,000. Hazard insurance is required and flood insurance may be required.

The offer is available on new lines only, owner occupied homes. In order to qualify as a new line, you may not have had a line using the same owner-occupied home as collateral with Minnesota Bank & Trust within the past 30 days. Not available on piggyback loans to purchase property, homes that are for sale and/or listed for sale, purchase money HELOCs and refinancing existing bank mortgage or HELOC debt even if new money. Subject to credit approval and normal underwriting guidelines. Contact lender for details. Apply by 6/30/2021.

IMPORTANT NOTE WHEN CLICKING THROUGH TO EXTERNAL WEBSITES: When clicking on links within the video, you will be linking to another website not owned or operated by Dubuque Bank and Trust. Dubuque Bank and Trust is not responsible for the availability or content of this website and does not represent either the linked website or you, should you enter into a transaction. We encourage you to review their privacy and security policies which may differ from Dubuque Bank and Trust. Click to go back to video.

Apple Pay and the Apple logo are registered trademarks of Apple Inc. App Store is a service mark of Apple Inc.
Google Pay, Google App Store and the Google Pay logo are trademarks of Google, LLC.