Neighbors Helping Neighbors!
Loans are one of our greatest strengths at BankCherokee. We consider it neighbors helping neighbors. Together, we’ll create a loan with affordable monthly payments and competitive interest rates that will allow you to finance your dream.
There's no place like home and we'll help you get there! We take great pride in knowing our customers, it is because of this knowledge we can help you choose the mortgage that is right for you and your particular situation. Feel free to contact our mortgage lenders, they will make the process painless - they'll even help fill out the paperwork!
We have a complete line of mortgage services that include:
- Competitive Rates
- Fast Approval Process
- Free Pre-Qualification
- Conventional Mortgages
- Jumbo Mortgages
- Fixed Rate Mortgages
- First-Time Homebuyers
Home Equity Loans & Lines of Credit
A smart way to make major purchases while enjoying the tax benefits
Homeownership gives you an opportunity to borrow against the equity of your home for most any financing need.
- Consolidate debts
- Take a vacation
- Buy a new car
- Make an investment
- Or most anything you wish
And best of all, the interest may be tax deductible (be sure to consult your tax advisor to verify the deductibility).
You can choose from two options:
Home Equity Loan
If you know how much you need, want all the cash up front and like the dependability of a fixed interest rate and fixed payment each month, a Home Equity Loan is the best choice.
Home Equity Line of Credit
If you’re not sure how much money you need and don’t mind if your payments vary each month, a Home Equity Line of Credit is the answer. It’s a revolving credit account that gives you cash when you need it over a long period of time, with a variable interest rate.
We have a variety of Personal Loans to fit your needs. Whether you're looking to take that dream vacation or you need a small revolving credit line linked to your BankCherokee checking account - we have the loan for you.
Loans for personal uses with payments made monthly. A BankCherokee Installment Loan can help you finance a specific purchase, like a boat, motorcycle or ATV. Similar to a BankCherokee Home Equity Loan, payments are predictable and easily budgeted. We offer flexible terms and competitive rates.
Cherokey Credit is a revolving credit line, linked to your BankCherokee checking account. It gives you the ability to enjoy the convenience of writing your own small loans to meet your short-term needs on demand, while providing you with automatic overdraft protection. Credit Line amounts range from $600 to $5,000; monthly payments equal 5% of the current balance or $25 a month, whichever is greater.
A flexible and convenient way to make major purchases. Our PrimeLine is also a revolving line of credit – secured or unsecured options are available and can be linked to your BankCherokee checking account. This credit line gives you the convenience of writing your own small loans to meet your short-term needs on demand, while providing you with automatic overdraft protection. This product is designed for the individual with needs in excess of $5,000.
A BankCherokee Vehicle Loan can help you finance your next vehicle purchase. Similar to a BankCherokee Home Equity Loan, payments are predictable and easily budgeted. We offer flexible terms and competitive rates.
Loan Originator's Name and Identifier | BankCherokee NMLS #458285 607 Smith Avenue South, Saint Paul, MN 55107
Loan Originators | Barbara Whelan NMLS #649560, Jacqueline Arias NMLS #556314, Kathleen White NMLS #894509, Patrick Morris NMLS #1237246, Joel Isenberger NMLS #1701157