5.99% Introductory Rate
Leverage your home equity with a Home Equity Line of Credit (HELOC) and take advantage of our special 5.99%* introductory rate, then as low as 7.25%.
A HELOC can provide quick access to cash for things like renovating or remodeling your home, consolidating high-interest debt, funding tuition for higher education or covering medical, but could also come in handing for those unexpected expenses—serving as a safety net or emergency fund that is available to you when you need it. You determine the amount you need and when you need it and only pay interest on that amount through monthly payments at a competitive rate that is in most cases lower than a credit card.
Flexible Access to Funds
HELOCs from $25,000 to $250,000*
with no annual feesRevolving Credit
Borrow, repay and borrow again as needed. Conveniently draw your funds through digital banking and drawn on your line for up to 10 years.
Competitive Rates
Special 5.99%* introductory rate for 12 months with
no annual or draw fees.Variable Rate Loan Product
Not locked into a fixed rate
Potential Tax Benefits
Your tax advisor can inform you of potential tax advantages
related to interest payments on your HELOC.Exceptional Service
Our experienced mortgage lenders streamline the HELOC
application process, taking time to understand your needs.
Get Started Today!
Fill out our online application and one of our mortgage lenders will contact you shortly or feel free to reach out to Sara or Alyssa directly and take the first step towards achieving your financial goals to live the way you dream.
Keen Bank will not perform a credit check upon receipt of an online loan application. When you complete an application online, a Keen Bank lender will contact you and learn more about your needs and how they can help you, prior to pulling a credit check. If you have questions, please contact us at 507.835.2740.
*Offer valid for all new applications through June 30, 2025. The introductory rate will be fixed for 12 months from account closing and will be an ANNUAL PERCENTAGE RATE (APR) of 5.99%. Beginning with your 13th month, the APR for all transactions and balances will be based on your contracted rate which will be a variable rate based upon the 3 Year Treasury index plus a margin of 3.25%, which was 7.125% on April 16, 2025, but will never be more than 12% or less than 5%. Introductory rate is effective as of March 17, 2025. Rates, terms and conditions subject to change without notice. A fixed finance charge of $228.00 and a loan origination fee ranging from $250.00 - $2,500.00 is due at closing. Additional closing costs may apply. An active checking account with Keen Bank is required. Valid for primary residence only. Property insurance is required. If the collateral is determined to be in a special flood hazard area, flood insurance will be required. Subject to credit approval. Qualification based on credit history, debt, loan-to-value and the ability to repay. Other restrictions may apply. Minimum loan amount is $25,000.00. Maximum loan amount is $250,000.00.
Sara Lynch
VP of Mortgage Lending
NMLS ID #1142354
Alyssa Bowers
Mortgage Lending Officer
NMLS ID #815776