Unlock the equity in your home with a Home Equity Line of Credit (HELOC).
Go on that dream vacation. Hire contractors to create your own outdoor oasis.
Or use the money to pay off credit card debt, student loans, or finance a vehicle. The choice is yours.
Or call (573) 761-6193 to learn more.
*After six months, the rate is subject to increase and a variable APR will apply. The rate will vary between Wall Street Journal Prime + 0.00% to Prime + 1.50% depending on applicant creditworthiness and loan to value. No closing costs. Applications must be received by December 31, 2024 to receive the promotional offer. Offer rates and terms are subject to change without notice. Credit and collateral approval required. Offer is valid for new Hawthorn Bank home equity lines of credit (“HELOC”) approved for $10,000 or more. This offer does not apply to existing Hawthorn Bank HELOC customers. To qualify for this promotional rate, the property secured by the HELOC must be your primary residence. Additional restrictions and limitations apply. The introductory annual percentage rate (“APR”) will be in effect for the first six months of your loan term, even if you do not draw on the line of credit during that period. Under no circumstances will your APR exceed 18.00% or go below 3.75% during the term of the plan.
What is a Home Equity Line of Credit?
You’ve worked hard to build equity in your home – now you can use that equity to fund your next project, vacation, or you can use the money to pay off credit card debt, student loans, or even to finance a vehicle. A Home Equity Line of Credit (know as a "HELOC") works by letting you borrow against the current equity in your home and typically features rates much lower than a credit card.
You’ve worked hard to build equity in your home – now you can use that equity to fund your next project, vacation, or you can use the money to pay off credit card debt, student loans, or even to finance a vehicle. A Home Equity Line of Credit (know as a "HELOC") works by letting you borrow against the current equity in your home and typically features rates much lower than a credit card.
Home Equity Calculator
Use our calculator to determine the potential amount you may qualify for with a HELOC.
See how much you might qualify for
* Default amounts are hypothetical and may not apply to your individual situation. Calculators provide approximations for informational purposes only. Actual results will be provided by your lender and will vary depending on your eligibility and current market rates.