Helping Make Your VIRTUAL Become a REALITY

Bring your visions to life with a Home Equity Line of Credit!

With a Lake Area Bank Home Equity Line of Credit (HELOC), home improvements have never been easier.

No Closing Costs*

Competitive Rates

10-year variable rate draw period followed by a 15-year amortized term

Up to 3 fixed rate lock options on balances advanced for 5, 10 or 15 year terms during the 10-year draw period

Let’s Start the Conversation

*Appraisal costs range from $180-$800. Customer responsible for any appraisal costs in excess of $180. Rates subject to change. APR is variable and based on The Wall Street Journal Prime Rate (“Prime”). As of 9/23/19, the best rate is Prime – .50 % (4.50% APR). Maximum APR 18%. Minimum APR 4%. Rate listed is minimum credit score of 760 with automatic payment from a Lake Area Bank account. A minimum loan amount of $10,000 to convert to a fixed rate, with a $50 lock fee during the draw period. Property insurance required; flood insurance required if property is in a flood hazard area. Subject to change and can be discontinued without notice. Must be age 18 years or older.


HELOCs are also commonly used for financing: a New Car/Boat/RV, Dream Vacation, or Debt Consolidation!


Contact any of our bank locations.

Forest Lake: 651-464-9001
Hugo: 651-407-3137
Lindstrom: 651-257-1117
Stillwater: 651-430-9500
White Bear Lake: 651-653-9619


Complete the form above and a banker will get in touch with you shortly.


Visit a Lake Area Bank branch during lobby hours to talk with a banker face-to-face.

Forest Lake:  808 W Broadway Ave #D
Hugo:  14602 Everton Ave N
Lindstrom:  12790 First Ave N
Stillwater:  5795 Minnesota Ave N
White Bear Lake:  1400 E Highway 96

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Lake Area Bank is a proud Equal Opportunity Employer.

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