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Consumer Loans

Time to improve your lifestyle?

At First Northern Bank and Trust, we offer competitive loan rates on Home Equity Loans, Home Equity Lines of Credit, Personal Loans (unsecured), Unimproved Land “Lots” Loans, financing for new and used automobiles and light trucks, and more. See additional details.


Home Equity Loans vs. Home Equity Lines of Credit

We encourage qualified homeowners to consider which option, a Home Equity Loan or a Home Equity Line of Credit, will best suit your financial needs. In each case, upon approval, you will be borrowing against the equity in your home, value that’s built up over the years as you have made your mortgage payments.

Home Equity Loans

With a Home Equity Loan from First Northern Bank and Trust, you will receive the entire loan amount in a lump sum and repay the loan over time on a fixed payment schedule. Consult with your tax advisor to determine if interest is tax-deductible. View current rates. To get started, call 1-800-344-2274 and speak with one of our professional loan representatives or fill out an Inquiry Form today.

  • Fixed interest rate
  • First and second lien options available
  • Recording and satisfaction fees are required and vary depending upon county regulations.
  • Available for residential property only, this offer may be withdrawn at any time without further notice


Home Equity Lines of Credit

A Home Equity Line of Credit allows you to borrow the money you need, whenever you need it, simply by writing a check for your purchase. Your tax advisor can tell you if the interest is tax-deductible and explain any other tax advantages for which you may qualify. To get started, call 1-800-344-2274 and speak with one of our professional loan representatives or fill out an Inquiry Form today. 

Premium Home Equity Line of Credit

  • Variable interest rate (currently based upon the Wall Street Journal Prime)
  • First and second lien options available
  • Monthly statement of account activity
  • First order of 25 checks included
  • Recording and satisfaction fees are required and vary depending upon county regulations.
  • Available for residential property only, this offer may be withdrawn at any time without further notice

Premium FlexTerm Home Equity Credit Line

This line of credit allows you the flexibility to pay interest only during the first ten years of your loan.

  • Variable interest rate (currently based upon Wall Street Journal Prime)
  • First and second lien options available
  • Monthly statement of account activity
  • First order of 25 checks included
  • Recording and satisfaction fees are required and vary depending upon county regulations.
  • Available for residential property only, this offer may be withdrawn at any time without further notice