FDIC-Insured - Backed by the full faith and credit of the U.S. Government
FDIC-Insured - Backed by the full faith and credit of the U.S. Government
Calhan: (719) 347-2727 | Ellicott: (719) 683-3999 | Falcon: (719) 495-3650 | Kiowa: (303) 621-0100
Routing # 102103562 | Locations & Hours | File Transfers | Pay Loan
Flexible Financing That Works on Your Terms
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Life doesn’t always follow a straight path, which is why flexibility matters. A Home Equity Line of Credit (HELOC) from Farmers State Bank allows you to borrow against the equity in your home as you need it, not all at once. With a five-year revolving line of credit, your funds replenish as you repay, giving you ongoing access to money for planned projects or unexpected expenses.
At Farmers State Bank, our HELOCs are backed by competitive rates, affordable repayment options, and local decision-making you can trust. Whether you’re consolidating debt, covering medical bills, or renovating your home, a HELOC gives you the breathing room to move forward with confidence.
A Home Equity Line of Credit (HELOC) is a revolving line of credit that uses the equity you’ve built in your home as collateral. Unlike a traditional loan, where you receive a lump sum, a HELOC functions more like a credit card: you borrow what you need, when you need it, and as you repay, the credit becomes available again. This flexibility makes it one of the most versatile lending options for homeowners.
A HELOC is designed to fit a variety of financial needs. Some of the most common uses include:
| Employee Name | NMLS ID | Work Location | Contact |
|---|---|---|---|
| Lindsey Lawson - Preisser | 873899 | 1500 8th St Calhan CO 80808 | Email: llpreisser@yourfsb.com Phone: (719) 347-2727 |
| Scott Lutz | 543634 | 1500 8th St Calhan CO 80808 | Email: scottl@yourfsb.com Phone: (719) 347-2727 |
| Leo Prosser | 2534634 | 1500 8th St Calhan CO 80808 | Email: lprosser@yourfsb.com Phone: (719) 347-2727 |
| Sara Strouse | 2062662 | 434 Comanche St. Kiowa, CO 80117 | Email: sarastrouse@yourfsb.com Phone: (303) 621-0100 |
| Bret Swennes | 554092 | 7025 Old Meridian Rd Falcon CO 80831 | Email: bswennes@yourfsb.com Phone: (719) 495-3650 |
| April Drew | 2569373 | 445 N. Ellicott Hwy Calhan, CO 80808 | Email: adrew@yourfsb.com Phone: (719) 683-3999 |
To apply for a HELOC, you’ll need to provide:
Download a Printable Application (PDF)
Or stop by your nearest Farmers State Bank branch in Calhan, Ellicott, Falcon, or Kiowa to meet with a loan officer in person.
No. You only borrow what you need, and you’ll only pay interest on the amount you actually use.
A home equity loan provides a lump sum upfront with fixed payments, while a HELOC is a revolving line of credit you can use and repay as needed.
Farmers State Bank offers a five-year revolving draw period, with repayment terms structured to fit your budget.
Most HELOCs feature variable rates. Your loan officer will explain current options and help you choose what fits best for your financial goals.
Yes. Many homeowners use a HELOC for a mix of projects and expenses – from renovations to consolidating debt to handling unexpected costs.
For over 100 years, Farmers State Bank has been helping families across Colorado reach their financial goals. Whether you are in the Front Range, in Pueblo, or across Eastern Colorado, we’re happy to help you with your HELOC. As a fourth-generation, family-owned bank, we understand that your financial needs aren’t one-size-fits-all. That’s why we provide flexible lending solutions with personal service and local decision-making at every step.
With a Home Equity Line of Credit from FSB, you’ll get more than a loan. You’ll get a trusted financial partner who knows the community, values relationships, and is committed to helping you make the most of your home’s equity.
