Sign up for FREE Online Banking and Bill Pay today!
Loan Application
Please complete an application for the loan or line and submit it to any Big Sky Western Bank office. Simply call 587-2922, contact us, or visit any Big Sky Western BankSM office so you can say YES to yourself today!
Vehicle Loans
Big Sky Western Bank offers lending programs to purchase or refinance a new or used vehicle including cars, trucks, pickups, sport utility vehicles, recreational vehicles, and more.
Personal Loans
When you need extra cash for whatever reason, we can set up a personal loan for you. Collateral for these types of loans can be Big Sky Western Bank certificates of deposit, real estate, and vehicles. (Or can be done unsecured - On Approved Credit -).
Lot Financing Program
Big Sky Western Bank has a special lot financing program designed for those who want to buy a lot with plans to build a home for personal use in the near future. The program has an interest only feature which allows you to make interest only payments until the construction has been completed.
These loans are set up to provide simple/cost effective financing for a lot purchase.
Home Equity Lines of Credit and Loans
Here are the advantages of a Home Equity Line of Credit:
Funds are accessed by check. — Easy access to cash when needed. You don't need to contact the bank each time you want to make a draw against the loan. Use Online Banking to deposit funds into your checking or savings account and make loan payments.
You can also opt to link your credit line to your checking account — Serves as overdraft protection affording peace of mind at times when it may be needed. Lower rates for large equity positions and good credit histories.
Interest assessed on the outstanding balance — Interest is charged only on the actual amount advanced. You save money on this account compared to a conventional loan.
Lower rate than most other consumer loans, so you save money. Variable rates as well as fixed rates for various time periods are available. Offer of credit is subject to credit approval.
Interest paid may be tax deductible (check with your tax advisor)
Once established, your home equity line of credit is there when you need it to use over and over again — You can improve your home, consolidate personal obligations and make major purchases like a new car, pay tuition or fund important investments.
If you need it, want it, desire it, or dream it, we want to help you get it!!
Not much equity in your home? Yes, Big Sky Western BankSM offers Home Equity financing options up to 100% of the property value of your home - contact us for details!
Home Equity Loan and Line of Credit Information
| Home Improvement Loans |
| Why Home Equity Loans & Lines of Credit? |
| Product Terms |
| Application & Approval Process |
A Big Sky Western BankSM Home Equity Line of Credit could open up a new world of financial independence for you. It's easy. By borrowing against the equity in your home, you create a line of credit that you control. For example: If you establish a $15,000 home equity line of credit, you access these funds by simply writing a check. If you write checks totaling $2,500, you only pay interest on that amount. You still have $12,500 available to use. Pay down your line and use these funds over and over again. It's that simple...like approving your own loan whenever you want.
Simply call 587-2922, contact us, or visit any Big Sky Western BankSM office so you can say YES to yourself today!
Apply for a Home Equity Loan or Line of Credit and make your home improvements.
Big Sky Western BankSM Home Equity Loan and Line of Credit
Why should you obtain a Home Equity Loan or Line?
One of the biggest advantages of a home equity loan or line compared to a vehicle or consumer loan is the possible tax deductibility of the interest paid on these loans -- consult a competent tax advisor.
A Big Sky Western BankSM Home Equity Loan or Line of Credit is an agreement where the borrower(s) uses the equity in their home as collateral for the loan / line. Home Equity loans and lines are the most popular methods for consumers to finance home improvements, invest in more property, manage their personal cashflow, purchase vehicles or consolidate debt, and usually at a lower interest rate. Home equity loans are for a specific amount and are amortized / paid over a defined period of time. A Home Equity Line of Credit is a revolving line of credit accessed by Online Banking or through checks. You can make major purchases, pay off debt or use for any other purpose to manage your personal cashflow. Generally these loans and lines are the second mortgage on your residence, but can be a first mortgage, or possibly a mortgage on a second home.
Product Terms:
Home Equity Loans are available with a fixed interest rate or variable rate, depending on the product.
Most Home Equity Lines of Credit have a variable interest rate and are adjusted and indexed like the Home Equity Loans. Pricing for these lines varies by customer depending on, the term of the line, and the line amount compared to the value of the home. We suggest the payments be automatically deducted from a Big Sky Western Bank checking or savings account each month.
Student Loans
We are pleased to offer multiple options for financing your education through the Student Assistance Foundation of Montana including:
Additional Resources and Downloads
Free e-book on "The Basics of Funding Your Education" download now
College Planning Guide - a link to Financial Resources
(www.safmt.org)
Scholarships and other financial aid resources
(www.safmt.org)
FREE Federal Student Aid Application Form
For more information:
Montana Higher Education Student Assistance Corporation:www.mhesac.org
OR
Contact Big Sky Western Bank or Call (406) 587-2922 or (866) 495-1866.
Click Here to use our new easy to use Online calculators.
Application and Approval Process:
Please complete an application for the loan or line and submit it to any Big Sky Western Bank office. Your application will be expedited if you include a copy of your homeowner's insurance policy and a verification of income / earnings. We can usually "conditionally approve" a home equity loan or line within a day of receiving a complete application and other supporting documents. We may require an appraisal in certain situations.
Click here to access our easy to use Online calculators, to help you solve some common financial problems. If you find these calculators useful, be sure to bookmark this page or suggest it as a link to your favorite home page or search engine.
