Locations | Careers | About Us | Contact Us
Home > Personal Banking > Loans
You have goals. START banking toward them. Whether your goal is to buy a new vehicle or help finance an addition to your home, put your credit standing to a good use with a loan from Old Second.
Home Equity Loans and Lines of Credit
The Secure and Fair Enforcement for Mortgage Licensing Act of 2008 (S.A.F.E. Act) is designed to enhance consumer protection and reduce fraud by encouraging states to establish minimum standards for the licensing and registration of state-licensed mortgage loan originators. Consumers may go to a public web site and review the current status and work history of all registered mortgage loan originators. For a list of Old Second's S.A.F.E. Act registered personal bankers and instructions on how to research those lenders, click the title above.
For the larger expenses like a home renovation, you have the option of literally “putting it on the house” with an Old Second Fixed Rate Home Equity Loan. This particular option provides greater certainty in the form of: a fixed rate; a fixed borrowed amount; and a regular monthly interest and principal payment.
Take credit for—and from—what you own. With our lines of credit, you can treat your home like your own personal bank. Determine how much you want to borrow, when you borrow it and how you want to pay it back. You are in control.
When it’s time for a new car—or simply one that is new to you—Old Second can put you in the driver’s seat with a speedy approval process and the efficient handling of payment services.
Whether you need help with debt consolidation, unexpected repair bills or other major purchases, Old Second has financing arrangements structured to fit your needs.