Lincoln Federal Savings Bank has a variety of consumer loan products designed to meet all of your financial needs. Our consumer loans can be used for almost any purpose including vehicle purchases, debt consolidations, education expenses, home improvements, recreational vehicle and consumer goods purchases. For current rates please contact us.

HOME EQUITY LINE OF CREDIT

A home equity line of credit is a revolving line of credit that uses your home as collateral. Because it is a line of credit you can get the money you need when you want it

• LOW rates and FIXED for up to 3 years!
• Variable rates tied to prime
• You can use the money for whatever you want!
• It's a smart way to consolidate debt, pay off high-interest loans, or even finance a home improvement project, vacation, wedding or college tuition
• Your interest may be tax deductible. Consult your tax advisor
• Access funds as you need them using your line of credit checks
• Pay interest only on the portion of the line you use
• Use your line as overdraft protection for your Lincoln Federal checking accounts

HOME EQUITY LOAN

A home equity loan is a fixed rate loan with a fixed payment schedule based on the available equity in your home. You get your money all at once and then pay it back in predictable, fixed monthly payments

• Get a low fixed APR through the life of the loan
• Your interest may be tax deductible. Consult your tax advisor
• Receive your entire loan amount in a lump sum
• You can use the money for whatever you want - wedding, college tuition, debt consolidation, etc.

INSTALLMENT LOAN

This type of loan has a fixed monthly payment for a specified period of time at a competitive interest rate. Your loan can be set up to have payment automatically taken out of your Lincoln Federal checking or savings account

• Home Improvement
• Vehicle

BRIDGE/INTERIM LOAN

Buying a new home, but haven't sold your current one yet? A Bridge/Interim Loan may be the perfect solution. It allows you to use equity in your current home as a down-payment on your new home

• No monthly payment required
• Short-term or single-payment options available
• Renewal options are available, contingent upon approval and payment of interest due

CD SECURED LOAN (SHARE LOAN)

If you are looking for the least expensive way to borrow money, Lincoln Federal Savings Bank offers loans secured by Certificates of Deposit. A CD secured loan is a great way to begin to establish credit. Or maybe you need a way to begin to reestablish a damaged credit history. A CD secured loan may be just the answer you are looking for.

• Interest rate calculated at certificate rate plus 3 percent
• Borrow up to 90% of your CD
• Fast and Local Decisions
• Personalized Service