Home Equity Loan Banner

Life can get expensive and money shouldn’t slow you down. A Home Equity Loan provides you with the funds you needs to consolidate debt, purchase a new vehicle, continue your education, make home improvements, or pay for other large expenses.

Home Equity Loans are more commonly known as a ‘Second Mortgage.’ A Home Equity Loan uses the equity of your home to give you a large lump sum that can be paid back with fixed monthly payments over a certain period of time.

Features & Benefits of a Home Equity Loan

    • Finance Up To 85% Appraised Value of Purchase Price
    • In-House Financing
    • Loans processed, underwritten, and serviced locally


Home Equity Loan Requirements

    • Minimum Credit Score of 700
    • Max Debt To Income of 40%
    • Other Normal Closing Costs Apply

Access An Existing Mortgage Account

Already know the type of home loan you are looking for?

Find Your Perfect Mortgage Loan Officer

Mortgage Team – Feb 2023

A great home buying experience starts with great home buying partners. Meet your American Bank & Trust mortgage team and discover an outstanding group that truly lives at the intersection of what if and why not?  With AB&T home loan experts, you’ve got neighbors you can always count on.

Full AB&T Mural

Looking for more information about Home Loans? Visit the South Dakota Housing Development Authority.

Loan rates and terms may vary. All loans subject to credit approval. Contact a banker for further details.

Share This