Use your home's equity for your next big purchase!
It’s easy to envision where you want to go with a Home Equity Loan or Line of Credit from Quad City Bank & Trust. Access the equity you have in your home to pay for virtually ANYTHING - vehicles, weddings, remodeling projects, vacation, unexpected costs, or consolidating your debt. Unlike credit cards, the interest you pay on your Home Equity Loan may even be tax deductible.*
*You should consult your tax advisor concerning interest deductibility.
| Term | Rate (as low as) | APR (1) (as low as) |
| 66M | 6.99% | 6.99% |
A Home Equity Line of Credit offers flexibility as it allows you to borrow money as you need it using your home as collateral. Other benefits:
- Low payment options available2
- No standard closing costs3
- Fixed rate is locked in for the full 66-month term
- Ability to borrow up to available line of credit, as needed
- Principal reduction payments may be made as often as you choose, with no prepayment penalty
1Annual Percentage Rate. Rate is accurate as of March 1, 2025 and is subject to credit approval. 2The minimum monthly loan payment required is an interest-only payment based on the outstanding principal balance of the line of credit. If this payment schedule is followed, the loan will not be paid in full maturity, which is typically 66 months, and a final balloon payment will be necessary to repay the debt. Principal reduction payments may be made as often as you choose, with no prepayment penalty. Subject to final credit approval. The maximum HELOC amount is 90% of the home's value, including any existing liens. 3QCBT will pay all standard closing costs for our 66-month fixed rate HELOC. An example of an additional cost - if QCBT needs to order a property evaluation beyond out standard practice.