Home Equity Loans

Home Equity Loans in Des Moines, IA

Do you need a little cash in your pocket for a home renovation, debt consolidation, education, or maybe a family vacation? It's time to put your home's equity to work! And the interest you pay may be tax deductible.**

Financial Plus offers both Home Equity Loans and Home Equity Lines of Credit. Not sure which solution is right for you?

Home Equity Loan 

A lump sum with a fixed interest rate that uses the equity of one’s home as collateral. The loan amount is determined by your property’s value, which is determined by an appraiser from Financial Plus. When utilizing a home equity loan, you can use the money for whatever your needs may be, and because your home is used as collateral, it is considered a secure loan. You can rest easy knowing that if you do suddenly need money for an unexpected expense, you have multiple options available to you to help.  With funds available in as little as 14 days, a home equity loan is faster and easier than you think!

Home Equity Line of Credit (HELOC)

A home equity line of credit, or HELOC, is a loan in which we agree to lend a maximum amount within an agreed period, where the collateral is your equity in your home. Because this loan is secured by your home, that gives you a revolving credit line to use for large expenses or to consolidate higher-interest rate debt on other loans, such as credit cards. Pay it back at any time or make monthly payments. Funds are available in as few as 7 days!

Let Financial Plus help you find the best real estate loan in Des Moines, IA. We’re here to ensure you’re well-informed when making big financial decisions and making the smartest choices on your journey to financial success!  

If you are looking for home insurance products, go here

Apply today!

Not ready to apply? Call our loan hotline at 515-699-3380, or send us an email. We do most of the work so you don't have to sweat it!



Real Estate Loan Rates

Effective as of January 3, 2023.

Fixed Rates - up to 80% Loan to Value.

APR* as low as Terms (Months)
Home Equity Loan - Up to 80%
5.50% 5 years
6.00% 10 years
6.50% 15 years
Home Equity Loan - Up to 90%
6.50% 10 years
6.75% 15 years
Click here for details View our rates here. -

*Annual Percentage Rate (APR) based on product, term, and credit.

*As low as with all loyalty discounts.

**Check with your tax adviser regarding deductibility.

***All loans subject to approval. Terms and conditions may apply. 

Repayment example = For a $20,000 home equity loan for a term of 60 months with a 3.50% APR, the monthly payment would be $364.00.