Construction worker is building a new deck.

Home Equity Loan Rates

 Put the equity in your house to work

Home Equity Loans

Closed-End Fixed Home Equity2

APR1 as low as

60 Month
4.99% 
120 Month
5.24% 
180 Month
5.49% 


Home Equity Line of Credit3

APR1 as low as

240 Month (10 year draw, 10 year repayment)
4.75%


1 APR=Annual Percentage Rate. All loan rates cited as APR.
 
2 Quoted Home Equity rates are the lowest available. Your final loan rate is based upon creditworthiness, loan-to-value (LTV), and consumer credit scoring and may be higher than the quoted rates. All quoted rates based on 80% LTV. Loans with LTV of 81% - 90% will receive a 0.50% rate mark-up. Secondary Homes and Investment Properties can be used as collateral. Loans secured by Secondary Homes and Investment Properties have a maximum LTV of 75% and a .50% rate markup. The minimum loan amount is $5,000.00. Retain a copy of the preliminary disclosures. The credit union will receive a security interest in the dwelling. FEES AND CHARGES: In order to open, use and maintain a home equity loan, you may have to pay an appraisal fee.
 
3 Home equity rates are tied to Prime, your line of credit balance and your consumer credit rating and creditworthiness. Rates have a floor of 4.00% and a maximum of 16.00%. Rates are subject to review and change quarterly. You can obtain credit advances for 10 years during the draw period. The length of the repayment period will be 10 years. You will be required to make monthly payments during the draw and repayment periods. Retain a copy of the preliminary disclosures. The credit union will receive a security interest in the dwelling. Secondary Homes and Investment Properties can be used as collateral. Loans secured by Secondary Homes and Investment Properties have a maximum LTV of 75% and a .50% rate markup. FEES AND CHARGES: In order to open, use and maintain a line of credit plan, you may have to pay an appraisal fee.