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.
FlexLine
FlexLine, our home equity line of credit, 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 FlexLine simply by using a check or make a transfer to your checking account online
- Use the funds for a home remodel project, college tuition, new vehicle or nearly any other need
Check Out The Benefits of Flexline
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!
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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!
Just a reminder that email is not a secure method of data transfer. Personal and confidential information should not be sent via email. Please contact Peoples Bank of Kankakee County if you need to provide confidential information.
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.
Just a reminder that email is not a secure method of data transfer. Personal and confidential information should not be sent via email. Please contact Peoples Bank of Kankakee County if you need to provide confidential information.
Get Started Today
Get in touch with any of our lenders to get started with FlexLine, a home equity loan, vehicle loan or CD-secured loan today!
You may read What You Should Know About Home Equity Lines of Credit (HELOC) from the Consumer Financial Protection Bureau, helping you understand your options when borrowing against the equity in your home.