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Home Equity Line of Credit Prior Lake MN

Looking for information on Home Equity Line of Credit in Prior Lake? We have compiled a list of businesses and services around Prior Lake that should help you with your search. We hope this page helps you find information on Home Equity Line of Credit in Prior Lake.

Wells Fargo - Prior Lake Branch
(866) 245-3452
16817 Duluth Avenue, S.E.
Prior Lake, MN
ATM Fees
monthly fee: Monthly service fees range from $0 to $30.00. See institution about how these monthly fees can be waived.
ATM fee note: There is a $2.50 fee each time you use a non-affiliated ATM.
Services
Mobile & Text Banking, Debit Reward Programs, Overdraft Protection, Email Alerts, Online Bill Pay, Free Checks, Unlimited Checks

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TCF Bank - Savage Cub #9127
(800) 823-2265
14075 Highway 13
Savage, MN
ATM Fees
monthly fee: Monthly service fees range from $0 to $15.00. See institution about how these monthly fees can be waived.
ATM fee note: There is a $3.00 fee each time you use a non-affiliated ATM after 2 uses per month.
Services
Mobile & Text Banking, Debit Reward Programs, Overdraft Protection, Email Alerts, Online Bill Pay, Free Checks, Unlimited Checks

Data Provided By:
Wells Fargo - Savage Branch
(866) 245-3452
14100 South Highway 13
Savage, MN
ATM Fees
monthly fee: Monthly service fees range from $0 to $30.00. See institution about how these monthly fees can be waived.
ATM fee note: There is a $2.50 fee each time you use a non-affiliated ATM.
Services
Mobile & Text Banking, Debit Reward Programs, Overdraft Protection, Email Alerts, Online Bill Pay, Free Checks, Unlimited Checks

Data Provided By:
U.S. Bank - Burnsville Byerly's Branch
(800) 872-2657
401 East County Road 42
Burnsville, MN
ATM Fees
monthly fee: Monthly service fees range from $0 to $10.95. See institution about how these monthly fees can be waived.
ATM fee note: There is a $2.50 fee each time you use a non-affiliated ATM after 2 uses per month. (Fee does not apply to all accounts.) (Not all accounts provide this fee waiver.)
Services
Mobile & Text Banking, Debit Reward Programs, Overdraft Protection, Email Alerts, Online Bill Pay, Activity Download, Free Checks, Unlimited Checks

Data Provided By:
Wells Fargo - Burnsville Branch
(866) 245-3452
925 County Road 42 West
Burnsville, MN
ATM Fees
monthly fee: Monthly service fees range from $0 to $30.00. See institution about how these monthly fees can be waived.
ATM fee note: There is a $2.50 fee each time you use a non-affiliated ATM.
Services
Mobile & Text Banking, Debit Reward Programs, Overdraft Protection, Email Alerts, Online Bill Pay, Free Checks, Unlimited Checks

Data Provided By:
U.S. Bank - Prior Lake Branch
(800) 872-2657
15830 Franklin Trail Southeast
Prior Lake, MN
ATM Fees
monthly fee: Monthly service fees range from $0 to $10.95. See institution about how these monthly fees can be waived.
ATM fee note: There is a $2.50 fee each time you use a non-affiliated ATM after 2 uses per month. (Fee does not apply to all accounts.) (Not all accounts provide this fee waiver.)
Services
Mobile & Text Banking, Debit Reward Programs, Overdraft Protection, Email Alerts, Online Bill Pay, Activity Download, Free Checks, Unlimited Checks

Data Provided By:
Guaranty Bank (Wisconsin) - Savage Mn Branch
(800) 235-4636
14100 S Hwy 13
Savage, MN
ATM Fees
ATM fee note: There is a $2.50 fee each time you use a non-affiliated ATM after 2 uses per month.
Services
Debit Reward Programs, Overdraft Protection, Email Alerts, Online Bill Pay, Activity Download, Free Checks, Unlimited Checks

Data Provided By:
Associated Bank - Savage Branch
(800) 236-8866
12302 Princeton Avenue South
Savage, MN
ATM Fees
monthly fee: Monthly service fees range from $0 to $25.00. See institution about how these monthly fees can be waived.
ATM fee note: There is a $2.00 fee each time you use a non-affiliated ATM.
Surcharge fee: No-fee withdrawals from ATMs in the MoneyPass and Star SF Networks.
Services
Mobile & Text Banking, Overdraft Protection, Email Alerts, Online Bill Pay, Activity Download, Free Checks, Unlimited Checks

Data Provided By:
Associated Bank - Burnsville Branch
(800) 236-8866
2999 West County Road 42, Suite 130
Burnsville, MN
ATM Fees
monthly fee: Monthly service fees range from $0 to $25.00. See institution about how these monthly fees can be waived.
ATM fee note: There is a $2.00 fee each time you use a non-affiliated ATM.
Surcharge fee: No-fee withdrawals from ATMs in the MoneyPass and Star SF Networks.
Services
Mobile & Text Banking, Overdraft Protection, Email Alerts, Online Bill Pay, Activity Download, Free Checks, Unlimited Checks

Data Provided By:
Guaranty Bank (Wisconsin) - 17756 Kenwood Trail Branch
(800) 235-4636
17756 Kenwood Trail
Lakeville, MN
ATM Fees
ATM fee note: There is a $2.50 fee each time you use a non-affiliated ATM after 2 uses per month.
Services
Debit Reward Programs, Overdraft Protection, Email Alerts, Online Bill Pay, Activity Download, Free Checks, Unlimited Checks

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How to Obtain a Home Equity Line of Credit

Written by Matthew C. Keegan  //  2012/03/05  //  Financing , Home Financing  //  No comments

homeequity

A home equity line of credit (HELOC) is type of revolving credit. When choosing a HELOC, your home serves as collateral the moment funds are withdrawn from your credit line. If you have built up equity in your home and have good credit, a HELOC can be easy to obtain. But first, you will want to get organized and develop a plan to help you secure funding from your bank or other financial institution.

1. Talk with your accountant. You may think that a certain, low-rate HELOC is the best approach for you, but your accountant may not share that opinion. For some homeowners the tax advantages of a HELOC may not be beneficial while a home equity loan (HEL) or other financing arrangement may pay off in the long run. Consult with your financial adviser to come up with a borrowing strategy with the best tax implications.

2. Assess your needs. Your financial adviser will likely encourage you to borrow only what you need. This means developing a budget outlining how much money to access. Although a HELOC does not require you to tap all of your available funds, you may want to consider a line only large enough to cover the cost of renovations or other work you want to have done on your home.

3. Shop around for credit lines. Your financial institution and your mortgage broker are two sources to explore for your HELOC. You will also want to compare their rates with what other lenders have to offer which means expanding your search accordingly. Most lines of credit offer variable interest rates; compare those rates along with fees and closing costs to determine the best HELOC for you. Have potential lenders explain the terms of their contracts; negotiate for a lower rate or fees wherever possible.

4. Apply for a HELOC. Once you have found the HELOC you want, then apply for it. Your lender will obtain your credit information before...

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