Three ways to get your Dream Home!

The option you choose is entirely up to you. You make the decision based on your particular needs. And remember, with Old Second you won't be settling for just a good rate but a great rate.

1) FIXED RATE HOME EQUITY LOAN

With this option, you can lock in your rate and amount and make one low monthly payment of interest and principal. You always know what your payment will be.

2) VARIABLE RATE HOME EQUITY LINE OF CREDIT*

You have easy access to your equity limit and a reusable source of funds. Advance yourself what you want, when you need it at a low rate tied to prime rate with interest only payments.

3) FIXED RATE LOCK OPTION LINE OF CREDIT*

It's like the best of both worlds - lock your rate on a set amount of your funds in use or elect to advance new money all at once, or do a combination of both and have a predictable, low fixed monthly payment. Once you have set your lock portion, whatever amount you have available on your home equity line limit is yours to use over and over. As you reduce your principal on the fixed lock portion, that amount becomes available too.

* Read our Rate Disclosure for important information regarding these products.