Loans
Personal Loans1 
A personal loan can be a powerful tool for managing your finances
and reaching your goals. At Northland Financial all loan policies and
decisions are made locally. When you need a fast response we're here
with a range of financing options to meet your budget.
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Personal loans we can help with:
- Vehicles
- Debt consolidation
- Home improvements
- Vacation
- Mobile homes
- Recreational vehicles - boats, snowmobiles, ATVs, campers, motorcycles
- Interest rate discount with automatic payment 1
1Interest rate discounts are available to qualified applicants with automatic payment withdrawal from a
Northland Financial checking or savings account and do not apply to special loan promotions.
Student Loans
We want to make a student's dream a reality!
Whether you’re an undergraduate, a graduate student or a parent, Northland Financial
offers referral services to the Bank of North Dakota through our participation in the
Student Loan Lender Alliance Program.
Lines of Credit
Northland Financial offers revolving lines of credit that are ready to use when you are.
No matter what your needs are, you'll have the money you need whenever you need it.
Ready Reserve 1
- Available with credit limit ranging from $250 to $5,000
- Revolving line of credit linked to your Northland Financial checking account
- Advances automatically in $250 increments into your checking account if you:
- Write a check
- Withdraw cash with your Cash Card or Cash and Check Card
- Make a purchase with your Cash and Check Card
- Stop in or call a banker for a manual advance
- Automatic payments will be deducted monthly from your checking account:
- Pay 5% of your loan balance or $25, whichever is greater
- Pay all or part of what you owe at any time
- Transactions appear on your monthly paper or online statement
Executive Line of Credit 1
- Available with credit limit ranging from $5,000 to $100,000
- Revolving credit line
- Payment as low as interest only
- Variable interest rate
- Easy to advance:
- Write an executive line-of-credit check
- Online at: www.northlandfinancialonline.com
- Stop in or call a banker for a manual advance
- Optional automatic advances in $250 increments into your checking account if you:
- Write a check
- Withdraw cash with your Cash Card or Cash and Check Card
- Make a purchase with your Cash and Check Card
- Transactions appear on your monthly paper or online Executive Line of Credit statement
Home Equity Loans
Use the equity in your home to finance your dreams! We offer flexible terms
and competitive rates with a quick and easy process. Home equity financing
can be used for whatever you need, including:
- Home improvements
- Debt consolidation
- Vehicles
- Vacation
- Recreational vehicles - boats, snowmobiles, ATVs, campers, motorcycles
- Other major purchases
Home Equity Line of Credit 1
- Revolving credit line
- No closing costs 2
- Payment as low as interest only
- Variable interest rate
- Interest may be tax-deductible 3
- Interest rate discount with automatic payment 5
- Easy to advance:
- Write a home equity check
- Online at: www.northlandfinancialonline.com
- Stop in or call a banker for a manual advance
- Optional automatic advances in $250 increments into your checking account if you:
- Write a check
- Withdraw cash with your Cash Card or Cash and Check Card
- Make a purchase with your Cash and Check Card
- Transactions appear in detail on your monthly paper or online home equity line-of-credit statement
- Borrow up to 90% of the equity in your home. Determine your equity using the equity guide below
Equity Guide
| Value of your home from property tax statement or appraisal | $ _______________ |
| Multiply by 90%4 | $ _______________ |
| Subtract what you owe on your existing mortgage(s) | $ _______________ |
| Available equity 4 | $ _______________ |
Home Equity Loan 1
- Various terms
- Fixed interest rate
- Interest may be tax-deductible 3
- Borrow up to 90% of the equity in your home.4
Determine your equity using the equity guide above.
1 Subject to qualification. Certain fees and conditions apply.
2 Borrower would pay appraisal fee, if needed. Property insurance is required.
3 Consult your tax advisor.
4Loan may be approved for up to 100% of available equity. Certain conditions apply.
5Interest rate discounts are available to qualified applicants with automatic payment
withdrawal from a Northland Financial checking or savings account and do not apply
to special loan promotions.
