Home Equity Line of Credit
What is a Home Equity Line of Credit?
A HELOC offers a number of advantages:
- Only borrow what you need
- Borrowing amount is replenished as you make payments
- Terms up to 7 years
- Competitive interest rates compared to other lending products
- Possible tax advantages
Why choose PNB for your HELOC?
We offer a locally owned, quick response approach to your mortgage lending needs. We work with you to find the best solution for your finances, including HELOCs. Contact us today to find out if a HELOC may be right for you.
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Mortgage Lending Specialists
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Multiple Loan Options
Schedule a consultation with one of our home equity specialists and we’ll guide you through the process.
Our Home Equity Loan Specialists
Magdalena Delgado
Assistant Vice President and Lender
Peoples National Bank of Kewanee
Yo hablo Español
Magdalena Delgado
Assistant Vice President and Lender
Peoples National Bank of Kewanee
NMLS#: 514760
P: 309.853.3333
Lending Divisions
Mortgage, Personal
Yo hablo Español
Email Me
Nikki Lanxon
Assistant Vice President and Lender
Peoples National Bank of Kewanee
Nikki Lanxon
Assistant Vice President and Lender
Peoples National Bank of Kewanee
NMLS#: 392979
P: 309.853.3333
Lending Divisions
Mortgage, Personal
Email Me
Jennifer Tjelle
Lender
Dwight Banking Center
Jennifer Tjelle
Lender
Dwight Banking Center
NMLS#: 579166
P: 815.584.1212
Lending Divisions
Mortgage, Personal
Email Me
Leala Eastman
Lender
Peoples National Bank of Kewanee
Leala Eastman
Lender
Peoples National Bank of Kewanee
NMLS#: 1680524
P: 309.853.3333
Lending Divisions
Mortgage, Personal
Email Me
Wendy Cantu
Operations Supervisor and Lender
Reynolds Banking Center
Wendy Cantu
Operations Supervisor and Lender
Reynolds Banking Center
NMLS#: 673698
P: 309.372.4242
Lending Divisions
Ag, Commercial, Mortgage, Personal
Email Me
Jolene Efnor
Lender
Peoples National Bank of Kewanee
Jolene Efnor
Lender
Peoples National Bank of Kewanee
NMLS#: 2436969
P: 309.853.3333
Lending Divisions
Mortgage, Personal
Email Me
Note: Please do not send personal information (account numbers, credit card numbers, or social security numbers, etc.) via email. Thank you.
Apply For a Home Equity Loan At These Bank Locations
- Kewanee
- Annawan
- Bradford
- Dwight
- Manlius
- Reynolds
- Seneca
- Sheffield
- Tampico
Lender may loan up to 80% of the appraised value, including any first mortgage amount.
Examples of Senior liens include such things as first mortgages, outstanding liens for unpaid taxes, outstanding mechanical liens, and recorded judgements on the borrower.
HELOC rate is variable and is repriced on the first business day of the following month.
HELOCs will have a maximum term of 7 years and will require monthly payments of both interest and principal (minimum 1% reduction each month).