Loans

Home Equity Line of Credit – Limited Time Special Introductory rate of *1.70%

Take advantage of your home’s equity and our Home Equity Line of Credit special introductory rate!

With a Home Equity Line of Credit, you can borrow against the equity of your home to pay for a variety of expenses.

What is equity?

Simply put, equity is the current value of your home (the value may be different than the amount you originally purchased it for), minus the amount you still owe on your home.

What can you use equity for?

  • Home improvement
  • Large purchases
  • Education costs
  • Wedding expenses

APPLY NOW

Enter our Home Renovations photo contest for a chance to win $100 to your favorite local hardware store 🛠️

Here’s all you need to do:

🏠 Find our contest post at the top of our Facebook Page

Contest ends April 21st – Winner will be announced on our Facebook page April 22nd.


 

Applying for a personal loan is easy, convenient, and takes just a few minutes.

Cash emergencies happen. Life moves fast and doesn’t slow down when money is tight. Highland Bank understands that sometimes you need cash in a hurry; get the loan application process started from the comfort of your own home 24/7.

Whether you’re ready to buy a new car or just need a few extra dollars to make improvements to your home, our friendly and knowledgeable staff can find the right loan for you.


Home Equity Loans and Credit Lines

Use the equity in your home to make home improvements, purchase a new vehicle or finance a college education. It is a smart way to borrow and interest may be tax deductible (consult your tax advisor).

We offer fixed and variable interest rate loans with several options to meet your needs. Consult with one of our qualified lenders and they will recommend the best home equity loan or line of credit product for you.

Estimate your rate

APPLY NOW


Auto & Recreational Loans

We offer financing with competitive rates and payment options that fit your budget. You will like the ease and convenience of applying for a personal loan online anytime, any where and skip the trip to the bank.

APPLY NOW


Highland Reserve Line of Credit

Our low-cost credit line linked to your Highland Bank checking account, may be the answer for those emergency situations or short-term needs. We offer:

  • Credit limits from $1,000 to $25,000
  • A minimum monthly repayment schedule equal to 5% of the current balance or $25 a month, whichever is greater

APPLY NOW


Consumer Loan Rates Effective: April 13, 2021

TERM/MONTHS AUTOMATIC PAYMENT FROM HIGHLAND CHECKING ACCOUNT REPAYMENT TERMS AUTOMATIC PAYMENT FROM NON-HIGHLAND CHECKING ACCOUNT REPAYMENT TERMS
NEW VEHICLES, BOATS, RV’s, MOTORCYCLES, SNOWMOBILES, ATV ANNUAL PERCENTAGE RATES(APR)
36 4.25% APR $4.52 per $1,000 4.75% APR $4.84 per $1,000
48 4.25% APR $4.07 per $1,000 4.75% APR $4.41 per $1,000
60 4.50% APR $4.02 per $1,000 5.00% APR $4.39 per $1,000
72 4.75% APR $4.09 per $1,000 5.25% APR $4.48 per $1,000
USED VEHICLES, BOATS, RV’s, MOTORCYCLES, SNOWMOBILES, ATV ANNUAL PERCENTAGE RATES(APR)
36 4.75% APR $4.84 per $1,000 5.25% APR $5.16 per $1,000
48 5.00% APR $4.58 per $1,000 5.50% APR $4.94 per $1,000
60 5.25 APR $4.57 per $1,000 5.75% APR $4.95 per $1,000
HIGHLAND RESERVE ACCOUNT
N/A 18.00% Interest Only Payments N/A N/A

*An introductory rate of 1.70% Annual Percentage Rate (APR) is accurate as of April 1, 2021 and effective for 12 months beginning from the date of the loan documents. Introductory rate offer available on new home equity lines of credit or renewing home equity lines of credit with limit increases of at least $10,000. After 12 months, the APR reverts to Prime Rate as published in the Wall Street Journal (currently 3.25%) + 0.50%, with a floor of 4.00% APR. The APR is a variable rate. Offer available with any new or existing Highland Bank checking account and requires automatic payments, loan amount of $10,000 to $100,000 and loan-to-value (LTV) of 80% or less. Minimum and maximum APR that can apply during plan is 4.00% and 18.00% respectively. 60 month term. Interest only payments. A balloon payment will result. Appraisal required only when taxed assessed value is greater than $400,000. No closing cost on loans up to $100,000.00.  Loans greater than $100,000.00, borrower required to pay all closing costs which range from $0.00 to $3,529.00. An annual fee of $95.00 is waived for the first year and any subsequent year where the minimum average outstanding balance is $10,000 or greater. Property insurance required. Offer subject to credit approval. Offer expires May 31, 2021.


Loan Application Questions?

Call Customer Service: 952-858-4888, or email us at Customer Service.