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Remodel A Home

Two hands framing the dream of a new kitchen. Spruce up your home with a remodeling loan.

Over time, your home needs or your tastes (maybe both) have evolved. With a remodeling loan, you can fall in love with your home all over again. Plus, there’s a good chance your improvements will prove to be a good long-term investment.
Equal Housing Lender

NMLS #685987


Financing Options for Your Remodeling Project


Home Equity Loan

  • Loan amount is based on your home’s equity (value of your home minus the amount you owe on the home)
  • Funds are provided to you as one lump sum
  • Fixed rate with a fixed monthly payment
  • A variety of terms and payment options are available.
  • Loan is taken out in addition to your home mortgage, and is considered a second mortgage
  • Interest may be tax deductible (consult your tax advisor)



The Community Home Improvement Program (CHIP) provides funds for low- to moderate-income South Dakotans to remodel, repair and improve their homes.

  • Reduced rates
  • No equity required
  • Income limits apply
  • Funds are disbursed as monitored advances

Learn More About CHIP Home Improvement Loans


Cash Out Refinance

A cash-out refinance replaces your current mortgage with a new mortgage loan. Loan proceeds are first used to pay off your original mortgage, plus closing costs and other expenses including insurance and property taxes. All remaining funds are available to you to use as you wish.

Ready to discuss your options?

The BankWest Home Team is here to help.
Contact Us

Whether you are buying, building, remodeling or refinancing, we are here for you every step of the way.

Our Mortgage Team
Our mortgage professionals are experienced lenders who deliver expert advice, prompt decisions and great service.
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What can I afford?
Our Personal Financial Management (PFM) tool allows you to pull everything, including accounts outside BankWest, into one place so you can manage the big picture from your own financial headquarters.
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Buying A Home
There’s a mortgage loan for nearly every situation. Our experienced mortgage professionals will ensure your loan is the best one for your needs.
Home Financing Options

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