Home Equity Loans

Service First welcomes the opportunity to meet with you to discuss your needs and the wide range of Home Equity products available. Please call us at 605-336-1047 or stop by any branch for more information.

  • Main Branch, 3901 E. 10th St., Sioux Falls, SD (605) 336-1047, (800) 456-1703
  • Southwest Branch, 3600 S. Kiwanis Ave., Sioux Falls, SD (605) 357-8085
  • Morrell Branch, 1300 Morrell Ave., Sioux Falls, SD (605) 336-3775
  • McCook County Branch, 501 S. Nebraska, Salem, SD (605) 425-2143

Fixed: 5.25% – 10.75%         Variable (HELOC)*: 5.50% – 10.00%          Interest Only (HELOC)*: 6.50% – 8.00%

Rates effective May 1, 2018, subject to change. Rates stated as Annual Percentage Rate (APR). Rates may vary depending on credit history. The maximum APR is 18.00% or the maximum allowed by law, whichever is less. Property insurance is required. Some restrictions may apply. Rates are subject to change. Please call 605-336-1047 or 800-456-1703 for details. * Rates stated as Annual Percentage Rate (APR). Rate may vary depending on credit history. Rates are variable and subject to increase after consummation. Rates are based on the value of an index, plus or minus a margin. The index is the Prime Rate as published in the Wall Street Journal and is subject to change on the first day of each month. The maximum APR is 18.00% or the maximum allowed by law whichever is less. Property insurance is required. Some restrictions apply. Fixed-rate, closed-end loans are available. Rates are subject to change. To open the account, fees to third parties generally total between $0-$600. Origination fee of 1% of the credit line or $100 whichever is greater applies.

The Department of Housing and Urban Development (HUD) has adopted a final rule that establishes minimum mortgage loan originator licensing standards that states must follow in implementing the Secure and Fair Enforcement for Mortgage Licensing (SAFE) Act. In order to engage in the business of a loan originator, our employees are required to register with the Nationwide Mortgage Licensing System and Registry (NMLSR) and obtain a unique identifier. These identifiers are listed next to the names of the employees below.

Heath Ihnen -NMLS#470736
Lowell Groeneweg -NMLS#473246
Amy Teeslink -NMLS#267593
Melissa Johnson -NMLS#1014069
Angie Jongeling -NMLS#802902
Amy Knight -NMLS#802982
Kris Larson -NMLS#802942
Angela McCormick -NMLS#802911
Jessica Taggart -NMLS#802975
Crystal Wilson -NMLS#803030
Ashley Weeg-Peltier -NMLS#1152837
Jami Beuckens -NMLS#1406117
Nicole Kurvink -NMLS#1406190
Jessica Rederth -NMLS#1406171
Austin Tschetter -NMLS#1412440
Rita Barfoth -NMLS#847606
Araceli Hernandez -NMLS#808374
Karmen Groos -NMLS#480096
Paula Heck -NMLS#473248
Justin May -NMLS#1425987
Rich Green -NMLS#526150
James Ross -NMLS#1627262
Darci Sauer -NMLS#1627276
Todd Akkerman -NMLS#1455864
Randee Hernandez -NMLS#1697947
Carin Neal -NMLS#1698027
Shona Morris -NMLS#1698107
Melissa Henle -NMLS#1698595
Elissa Stauffacher -NMLS# 
422641
Jonathan Wagner -NMLS# 1742652
Matt Pekoske -NMLS# 536894
Stephanie Eggleston -NMLS# 1771084
Nicole Nyhaug -NMLS# 1771083
Derek Miller -NMLS# 1771086

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