Home
Lending

Home Equity Loans

A Bridge to a More Secure Future

 

 

"Why Do I Need a Home Equity Loan"?

  • Home Improvement
  • Life Event
  • Education
  • Vacation
  • Boat / Car / RV
  • The Unexpected

 

No matter what your need; you can stay financially flexible with a Home Equity Loan from Dearborn Federal Savings Bank (DFSB). Take advantage of the equity in your home with a line of credit that offers cash advances and allows you to borrow as much or as little as you need on a revolving basis. When an immediate or one-time financial need arises, many customers prefer the consistent monthly payments associated with our popular Term Loan Program. With a number of low-interest, low-payment options, DFSB can help you reach your financial goals.

 

Available Home Equity Loan Programs

  • 5 Year Interest-Only Draw Loan followed by 10, 15, or 20 year repayment period
  • Fixed or Adjustable Rate Term Loan
  • 12 Month Interest-Only Bridge Loan
  • Commercial Lines of Credit

 

Contact one of our Loan Officers:

 

      Scott Biers at sbiers@dfsb.net or 313-203-5343

      Bryan Laabs at blaabs@dfsb.net or 313-203-5345