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    Kankakee, IL

    (815) 936-7600

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    Kankakee Downtown Office

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    333 E. Court Street
    Kankee, IL 60901

    Phone: (815) 936-7600
    Fax: (815) 932-5009

    Lobby Hours
    Mon - Fri 8:00am - 5:00pm
    Sat 8:00am - 12:00pm

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    Sat 8:00am - 12:00pm

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      315 Main NW - Bourbonnais

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      333 E. Court Street - Kankakee

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Home Equity & Personal Loans

Home Loans Home Equity & Personal Loans

Financing for Life's Many Expenses

Life comes with many expenses, some planned and some unplanned. When you find yourself faced with a situation requiring additional financing, turn to your Peoples Bank community lenders who will work with you to find the ideal solution.

Home Equity Loans

Your home’s equity may be the best source for financing a large expense. A home equity loan utilizes your home’s equity to provide a lump sum of cash.

The benefits of home equity loans include:

  • A consistent monthly payment
  • You won’t be left with a large payment to make at the end of your loan term
  • The interest you pay on your home equity loan may be deductible (consult your tax advisor)
  • Funds can be used for nearly any need you have!

Home Equity Lines of Credit (HELOC)

A home equity line of credit, or HELOC, allows you to use the existing equity in your home to establish a line of credit.

  • Draw on the line of credit when you need it
  • Repay what you use
  • Interest may be tax deductible (consult your tax advisor)
  • Draw funds from your HELOC simply by using a check
  • Use the funds for a home remodel project, college tuition, new vehicle or nearly any other need

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Vehicle Loans

When you're ready to buy your next car, make sure you're in the driver's seat. When you come to us for your auto loan, you can rest assured knowing you got a great deal. Our low interest rates are fixed, so you get no surprises later on!

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CD-Secured Loans

If you need a low-interest loan with a quick turnaround, a CD-secured loan may be your solution. The CD acts as collateral for your loan. Fixed payments make it easy for you to budget around your monthly payment.

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Get Started Today

Get in touch with any of our lenders to get started with a home equity loan, HELOC, vehicle loan or CD-secured loan today!

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