Consumer Loans

Planning a vacation? Want to learn how a Home Equity Loan can help?
Click below to contact a Consumer Banking Expert or Apply Online below today!

consumerbankingexpert@bankiowa.com

Home Equity Loans

Why choose BankIowa for your next Home Equity Loan/Line of Credit?

• Easy to apply, minimal paperwork
• Minimal closing costs
• Interest may be tax deductible (Consult your tax advisor for complete details)
• Decision made locally, quick answers on your request
• Flexible repayment schedules; pick a payment that works in YOUR budget
• Very competitive interest rates

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Mortgage Loans

Whether you’re in the need of financing for your first home, buying a larger home for your growing family, or simply refinancing your present mortgage, BankIowa will find the mortgage solution that is best for your situation. BankIowa has an online mortgage website that gives you the power to research various mortgage products, search for personalized rate quotes, and apply for a loan 24 hours a day, 7 days a week. At BankIowa’s Welcome Home Center you don’t have to worry about the time of day or even the day of week because we are always open – online!  

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Fixed Rate Home Equity/Home Improvement Loans

Utilize the equity in your home with BankIowa’s full line of Home Equity and Home Improvement loans. If you are remodeling your home, making a major purchase, consolidating existing high interest debt, a BankIowa home equity loan may the solution for you. These loans offer a fixed interest rate.

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Home Equity Lines of Credit

When you need extra cash, but not all at once, a home equity line of credit may be the solution. Once the line of credit is opened, you can advance funds directly, whenever you want through online banking, by phone, or in person at any of our locations. Your maximum credit limit is determined, depending on the equity in your home and your repayment ability. Borrow money without reapplying every time, it’s that convenient! Insurance required on securing property.

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Personal & Consolidation Loans

When you need extra cash for whatever reason, apply for a personal loan. Or simplify your existing bills by combining your credit card balances into one loan and make one monthly payment. At BankIowa, we offer lending options to suit all of your borrowing needs. BankIowa offers:

• Fast turnaround with decisions made locally
• Flexible payment options
• Automatic transfer and ACH payments

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Auto Loan

Whether you’re purchasing your first car or have a teenager who is now taking to the road, BankIowa has competitive rates to suit your needs, offering low rates for both new and used vehicles. Before you shop, remember to get pre-approved! Pre-approval speeds up the bidding process once you have chosen your next vehicle. BankIowa offers:

• Fast turnaround with decisions made locally
• No prepayment penalties
• Automatic transfer and ACH payments
• Get pre-approved!

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Recreational Vehicle Loan

Don’t wait to start using your new recreational vehicle; BankIowa is here to help you get the fun started! From motorhomes to 4-wheelers, and everything in between, BankIowa has great loan rates for your family fun vehicles. Whether you’re looking for a new boat or a motorcycle, check out BankIowa first for payment options and terms.

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Reserve Checking Lines of Credit

A pre-arranged line of credit for those times when the unexpected happens. Just write a check, and funds will be advanced automatically from your line of credit to cover your check. You can also advance your reserve checking fund through online banking. If you need a little extra money for pleasure or an emergency, reserve checking is for you.

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BANKIOWA NMLS #410754

*All Personal Loans subject to credit approval

Student Loans

We work with Iowa Student Loan to offer private loans to help you pay for college as well as refinance existing student loans. As an Iowa nonprofit and the state’s student loan experts, Iowa Student Loan offers competitively priced loans.*

The Partnership Advance Education Loan and College Family Loan were created to help you pay college costs while you are or your student is in school. With these loans, you know what you’re getting before you apply as all terms and conditions, including credit score requirements for specific rates, are provided upfront.

• The Partnership Loan is for students and their cosigners.
• The College Family Loan is for parents, family members and others who wish to borrow on behalf of a student.

The Reset Refinance Loan can help you simplify repayment or pay lower interest costs on existing student loans after college. Find the rates and payments you qualify for by completing their online pre-qualification tool to see how you could benefit.

*These loans are subject to credit approval.

Tools and Tips to Help Minimize Borrowing

Take advantage of Iowa Student Loan’s free planning tools while planning for college and before applying for student loans to:

• Avoid over-borrowing.
• Explore jobs and potential earnings for graduates of specific majors.
• Estimate total college costs for four years of undergraduate students. 

Before applying for a private loan, be sure to complete the FAFSA, or Free Application for Federal Student Aid, first. You should also work with our college financial aid office to explore and exhaust all sources of student financial aid before seeking a private student loan.

About Iowa Student Loan

Iowa Student Loan was established in 1979 as a private, nonprofit corporation, and its mission is to help Iowa students and families obtain the resources necessary to succeed in postsecondary education.

*BankIowa is compensated by Iowa Student Loan for the referral of student loan customers.