Great Midwest Bank is your home equity loan lender, serving local communities from the greater Milwaukee area all the way to the suburbs of Madison.
Great Midwest Bank is not just located in your community, but we also service your home equity loans locally as well. We use our own funds to finance your home equity loans, whether that loan is a conventional fixed rate loan or an adjustable rate mortgage. As a result, we’re able to offer you more hassle free home loans and flexibility with your HELOC mortgage loan rates and terms.
Home equity loans differ from home mortgage loans in that they operate as a home equity line of credit, or HELOC, mortgage loan. You can use your home equity loan for things like refinancing, remodeling, or paying for some other large expense.
Home equity loans are a revolving line of credit with more flexibility, but with less certainty in the exact payment amount per month and exact repayment period. If you are unsure if a home equity loan is right for you, our Mortgage Loan Officers are available to answer any questions you may have.