Personal Loans First State Bank of Porter

Happy loving couple looking at the blueprints of their new house while lying on the floor smiling

Personal Loans

When you need money, we’re here.


We’re Here to Help Make Dreams a Reality

Everyone is different and their needs unique, including their short-term and long-term goals. Maybe you’re looking to own your first home, finally put on that addition to your current home, take the leap into starting your own business, or expanding your current one. Whatever the reason for needing to borrow money from Porter Bank, we have the financial solution you’re seeking.

Applying for a loan can seem overwhelming and ultimately, quite daunting. You might not even know where to start. We get it. However, the experienced loan officers at Porter Bank are here for you! We will help simplify the loan process, ensuring that you fully understand everything – each step of the way.

Decisions on all loan applications are not made by computer programs…they are made by our experienced lending staff who will consider your individual loan request and offer the best term and features for you!



If you are looking to buy a new home or refinance your current home at Porter Bank, you have OPTIONS! We offer In-house and Secondary Market mortgage financing. We will help you determine what the best fit for you is whether it’s Conventional, FHA, or another type of mortgage. Rates and Fees are competitive. Call one of our Loan Officers or begin by applying online.

Apply Today

Home Equity Lines of Credit

Our HELOC, aptly named Home Sweet Equity, is a flexible convenient solution to your financing needs. You can access your HELOC by Visa Card, Check or Online Banking. Use your Home Sweet Equity LOC for home improvements, vacations, anything you need. Great rates and a 5-year draw period make our HELOC a must have for homeowners.

Apply Today

Auto & Personal Loans

Buying a new or used car, motorcycle, or boat, or need a loan for personal reasons? Porter Bank offers great rates and terms to meet your needs. Decisions are made quickly, and there are no fees to apply. Contact any of our Loan Officers for additional information.

Apply Today

Construction Loans

Thinking of building your dream home? Porter Bank has expertise in construction lending to guide you through the process. Whether you are financing in your name or your contractor’s we are here to help.

We offer a 9 or 12 month Construction loan or a One-Time Close Construction to Mortgage loan. Contact one of our mortgage specialists for more information

Loan Officers

portrait of Jeff Spencer
Jeff Spencer, NMLS#856188

Chief Lending Officer
Call us at: 219-926-2136, x1210, Email:

Extensive career background in the banking industry, Jeff joined Porter bank in 2011. Knowledge of the Porter County market, coupled with his desire to help individuals meet their financial goals in the most optimal way, Jeff has been successful at helping identify which real estate markets clients would be best suited. With his diverse background on both the retail and lending areas. Jeff is an excellent resource for assisting customers with their overall banking relationship.

Nikki Grabelle
Nikki Grabelle, NMLS#1847484

Business Development Officer
Call us at: 219-926-2136, x1214, Email:

Nikki joined the Porter Bank Team in 2016. With her prior position as a Loan Processor and her experience in the construction industry and title insurance she is well versed in mortgage lending. Her professional and friendly attitude make working with her during one of your most important financial transactions a pleasant experience. In-person and online applications available!

portrait of Dana Hopkins
Dana Hopkins, NMLS#603187

Loan Operations Officer
Call us at: 219-926-2136, x1211, Email:

After many years as a loan originator, Dana joined the Porter Bank Loan Department in 2006. She comes equipped with extensive knowledge of the loan industry, including multiple years of construction lending, consumer loans and mortgages. Dana’s customer-first philosophy and attention to detail make her a valuable asset to Porter Bank.

Michelle Mulholland
Michelle Mulholland, NMLS#2140745

Chesterton Branch Manager
Call us at: 219-926-4422, x1400, Email: 

Michelle has been with Porter Bank for many years building experience and a track record of outstanding customer service. If you need a consumer or mortgage loan, Michelle will guide you through the process and answer all your questions. Stop in the Chesterton Office to pick up an application or complete one online.