Home Equity

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Turn the Equity in Your Home into Cash!

Home equity loans can be used to finance just about anything.  Often times, the interest you pay will be tax deductible (see your tax professional for details).

Heritage Bank offers two main types of equity loans:

Fixed Rate Second Mortgage

  • Best used for a specific purpose such as home Improvement or debt consolidation.
  • Qualify for up to 90% of the value of your home.
  • Interest rate is fixed during the entire term of your loan.
  • Fixed monthly payments

Home Equity Line of Credit (HELOC)

  • Line of credit allows you quick access to cash.  Be prepared for the unexpected.
  • As principal is paid back, you can re-borrow funds again.
  • You only pay interest on the amount of money you use.
  • Access funds by online transfer, check or in person.

Applying for a loan at Heritage Bank is easy!

  • Stop by any of our locations and talk with a lender
  • Online applications coming soon!

If you have any questions, please contact us!

This feature coming soon! To open an account, please contact us at 507-645-5929

More info coming soon!

Our current Mortgage Loan Originators are:
Tim Mergens NMLS #344835
Ken Organ NMLS #461107
Erick Organ NMLs  #460363
Dan Rabe NMLS #462663

You are leaving Heritage Bank’s website and entering a third-party website. Heritage Bank is not responsible for the content of the site and the security and privacy policies may differ from Heritage Bank’s. You should read and evaluate the privacy and security policies of the site you are entering.

You are leaving Heritage Bank’s website and entering a third-party website. Heritage Bank is not responsible for the content of the site and the security and privacy policies may differ from Heritage Bank’s. You should read and evaluate the privacy and security policies of the site you are entering.

You are leaving Heritage Bank’s website and entering a third-party website. Heritage Bank is not responsible for the content of the site and the security and privacy policies may differ from Heritage Bank’s. You should read and evaluate the privacy and security policies of the site you are entering.

You are leaving Heritage Bank’s website and entering a third-party website. Heritage Bank is not responsible for the content of the site and the security and privacy policies may differ from Heritage Bank’s. You should read and evaluate the privacy and security policies of the site you are entering.

You are leaving Heritage Bank’s website and entering a third-party website. Heritage Bank is not responsible for the content of the site and the security and privacy policies may differ from Heritage Bank’s. You should read and evaluate the privacy and security policies of the site you are entering.