Use Your Home’s Equity to Fund Your Next Big Project

A Peoples Bank® Home Equity Installment Loan (HEIL) is a one-time installment loan that lets you use the equity in your home as collateral. This is a great option for those who want to know exact costs and prefer funds in one payment. Some popular uses for a HEIL include:

• Home renovations
• College education expenses
• Weddings
• Debt consolidation
• And more

A young couple paints the walls of a house they just moved into.

Home Equity Installment Loan Details


Starting at $5,000.


Fixed rate for life of the loan.


Up to 20 years.


Receive funds as a lump sum with fixed monthly payments that make it easier to budget accordingly.










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Our recognitions are a reflection of the expertise and commitment of Peoples Bank. Experience a bank that puts people, relationships, and communities first.

American Bank 2025 Best Banks to Work For
America's Greatest Workplaces Newsweek 2026 logo. Plant-A Insights Group. Third-time winner awarded for three consecutive years.
American Banker Top-Performing Banks 2026 logo
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