Not a homeowner yet?
Our Home Loans division has loan originators throughout Montana, Wyoming, and South Dakota to help you prepare for buying a home.
Home Equity Loans
If you're a homeowner you can use the equity in your home-the difference between the current value of your house and what you owe on it-as security on a loan.* Home equity loans can be used for just about any purpose, and current tax laws may allow interest paid on home equity loans to be deducted from your taxable income.**
How you can use a home equity loan
Your Home Equity Loan can be used for just about anything, including:
- Home improvements
- Education expenses
- Medical expenses
- Vehicle purchase
- Debt consolidation
- Unexpected expenses
Visit a personal banker at your local First Interstate Bank branch to discuss whether a home equity loan is the right choice for you.
*Loans are subject to approval.
**Consult your tax advisor.