Special HELOC Offer
Home Equity Lines of Credit
6.49% APR & up to $500 off Closing1
Unlock the Value of Your Home
Are you looking to renovate your home, consolidate debt, or cover unexpected expenses? A Home Equity Line of Credit (HELOC) is a great way to access cash when you need it. HELOCs with The Bank of Elk River are designed to help you leverage the value of your home with ease and flexibility.
For a limited time, we are offering a discounted interest rate of 6.49% APR and up to $500 off closing costs on all eligible HELOCs1.
Benefits of a HELOC
Fixed Interest Rates
Borrow money by using the equity in your home and enjoy peace of mind with our fixed rates as low as 6.49% APR for 60 months.1
Low Closing Costs
Benefit from up to $500 off closing1, making your HELOC more affordable.
Tax Deductible Interest
Maximize your savings with interest that may be tax-deductible.2
Flexibility
Use your HELOC for a variety of needs, from home improvements to emergency funds.
Contact a lender today!
Stop by one of our branch locations, give us a call, or make an appointment today to start the process!
16.49% Annual Percentage Rate (APR) is based on a 60-month term and a loan-to-value (LTV) of 80% or less. Rates may vary based on creditworthiness and LTV ratio. Customer will receive up to a $500 closing cost credit. Promotion is available for new applications submitted between November 1, 2025 and December 31, 2025. Promotion is subject to change without notice. Other restrictions or conditions may apply.
2The Bank of Elk River does not provide tax or legal advice. Consult your tax or legal advisor concerning your personal situation.