Lending

Home Equity Line of Credit

Home Equity Line of Credit (HELOC) loans through Bank of Labor are a great way to fund big ticket items like remodeling, repairing your home, consolidating debt, getting a new car and more. There are lots of positives to using a HELOC loan since borrowing against the equity in your house qualifies for lower interest rates than credit cards and many other forms of credit—plus offers flexible payment terms. Put your equity to work for you.

Features of the HELOC loan we offer include:

  • 10-year term
  • Minimum $10,000 loan amount
  • No prepayment penalties
  • No application fees | No closing costs | No annual fees
  • 24-hour access online
  • Payment options: In person | By mail | Auto-payment
  • Loan up to 80% of property value
  • Checks available upon request

The HELOC advantages include:

  • Easy application process
  • Detailed monthly statement
  • Smart option for debt consolidation
  • HELOC loans may be tax deductible—talk to your tax advisor
  • We handle appraisal logistics. Access to your home is not needed.

Get the funds you need to get things done! Contact us today to see if a HELOC is right for you.

Auto and Vehicle Loans

Bank of Labor can help you navigate financing on new or used automobiles, boats, motorcycles and all types of recreational vehicles. We’ll do Whatever It Takes® to find the right auto loan and get you behind the wheel of the vehicle of your dreams.

Competitive interest rates and flexible terms
Easy application process with fast, local decisions

Loan Type 12 Mo 24 Mo 36 Mo 48 Mo 60 Mo 72 Mo APR
New Cars 5.75% 5.919%*
2023-2024 model years. 100% of the purchase price or MSRP, whichever is less 5.75% 5.893%*
Used Cars
2020-2022 model years. 100% of Wholesale value. 6.75% 6.958%*
Model Years 2018 & 2019 carry a maximum term of 36 months. 6.75% 7.023%*

*APR (Annual Percentage Rate) based on $25,000.00 loan amount and $100.00 loan fee.

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NMLS Registry

*Bilingual

2287393 Arreguin* Carolina
1966103 Baron Lauryn
1433828 DeBruin Steven
526343 Freeman Millie
2150522 Gauldin-Ramirez* Joseph
2509249 Guevara* Noe
1547753 Heatwole Bryan
2522758 Johnson Brenda
526341 Johnson Matthew
1115946 Kamphaus John
2522279 Kongvongsay Thongdeng
2509248 Oliva* Jose
606972 Salas Rachel
776896 Schoonover Joseph

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