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Home Equity Loans


Only need a quick infusion of cash to complete your project? Opt for a one-time home equity loan. With a fixed-rate and set term, your payment will stay the same each month.


Looking at a longer-term project? Maybe a home equity line of credit is the better option. Open your line and borrow cash as you need it. It has a competitive variable rate, plus you can keep your line open for up to five years. 

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*Annual Percentage Rate designated as APR. Rates, terms, and conditions are subject to change and may vary based on creditworthiness, qualifications, and collateral conditions. All loans subject to approval, not all applicants will qualify. No payment for 90 days applies to Home Equity Loans. Current rate as low as 5.50% APR. Maximum APR of 18%. Interest will accrue during the deferral period and will increase the total amount to repay the loan. 1.99% for 3-months applies to Home Equity Line of Credit and introductory period begins on the loan closing date. After the introductory period, the loan reverts to the APR as stated in the HELOC agreement. The APR is the sum of the index plus margin. The maximum/minimum APR that can be imposed is 18.00%/1.99%. During the Draw Period, your Minimum Payment will equal the greater of (i) $50 or (ii) the periodic finance charges, and other fees, charges, and costs. During the Repayment Period, if any, your minimum payment will equal 1/120th of your unpaid Account Balance at the end of the Draw Period, plus all periodic finance charges and other fees, charges, and costs. The minimum line of credit is $5,000 and the minimum draw amount is $100. Home Equity Loans will not exceed a loan to value of 90%. Fees charged for the closing of a Home Equity Line of Credit start at $275 and could be as high as $1,500. A home equity line of credit is secured by a first or second mortgage lien on your primary residence only. Flood and/or property hazard insurance may be required. Other restrictions may apply. See Credit Union for complete details. Credit Union reserves the right to end the promotion at any time and without notice.