Home Equity Loans

Does your home need a facelift? Sometimes a little update is all you need to get your house feeling like a home again.

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Life Improved.

You have plans. You have goals. You’ve built equity in your home – so put your muscle to work and let us worry about the rest. Utilize your home's equity to implement your needs or dreams.

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Low Fees, Low Interest

Low Fees, Low Interest

Sioux Falls Fed keeps the fees associated with financing a home sensible and minimal. Our origination fee is just 0.75% of the loan amount.
Speedy Decisions

Speedy Decisions

We don’t leave you hanging on our prequalification decisions—you know your approval status when you meet with your loan officer.
Local Underwriting

Local Underwriting

Our local team features an underwriting pro who can make the qualification process smooth, simple and speedy. Plus, all loans stay in-house. They are not sold.

Loans for the way you live

Lump Sum vs. Line of Credit

I'm ready when you are!

Nicole Taubert

Home Equity Originator 
Branch: Downtown

*Fees include filing fee/satisfaction fee, credit report, flood certification, and title work. Home appraisals are excluded. Home Equity or Home Equity Line of Credit must have a minimum loan amount of $10,000.00. With approved credit. Some restrictions apply. NMLS 441310

Reading Material

Further Insights on Home Equity

Couple Painting

How to Build and Use Home Equity

While the word “equity” probably elicits some positive vibes, how much do you know about it when it comes to your home? The truth is, it’s a status that can give you some buying power when it comes to home improvements and a lot of other financially demanding endeavors. Read More
Sioux Falls

5 Housing Design Trends to Pay Attention To

So you’ve decided to embark on a home-building project… Whether it’s your first time pursuing home construction or you’ve been around the block before, paying attention to the latest trends can help you in the long run with resale value and overall quality of life. Read More
Man Fixing Faucet

5 Great Reasons to Consider a Home-Equity Loan

When you pay your mortgage every month, it can feel good to be putting your money toward a true investment. But as your repayment plan moves forward, your equity also grows—and this can be a valuable tool when used properly. Read More

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