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Home Equity Loans

Upgrade your house to a home.

Borrow money using your home's equity as collateral.

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Home Cash

7.212

%
APR*

Up to 80% loan to value

Home Equity Line of Credit

7.500

%
APR

90% of appraised value

Home Equity Loan Types

Available for primary residence or second home.

Home Cash

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Home Cash Equity Loan

Loan Amount: $5,000 to $500,000**
Loan Term: Max of 20 years with a 5-year balloon
Finance: 90% of your home's equity, or 80% of the estimated value as determined by the Credit Union

HELOC

Model house placed next to several hundred dollar bills.

Home Equity Line of Credit

Loan Amount: $5,000 to $500,000**
Loan Term: 10-year draw period with a 25-year amortization period
Finance: 90% of your home's equity, or 80% of the estimated value as determined by the Credit Union

Home Cash Equity Loan

Effective Date: - 12:00 A.M. EST

20 year amortization; 5-year balloon†.
All payment examples are for principal and interest only. Property taxes and insurance are not included.
A balloon payment will result if only principal and interest payments are made during the term of the loan.

**† Balloon repayment and option to refinance example:** If you borrow $50,000 at 7.212% APR for a 240 month amortization, 60 month balloon term, you will make 59 payments of approximately $387.65 and one final payment of approximately $43,515.96. All or a portion of the final payment may be refinanced with qualifying credit worthiness.
Loan Information	Interest Rate	APR (As low as)	Payment Amount
Loan amounts greater than or equal to 80.00% to 90.00% Loan to Value, appraisal may be required.	7.500	7.724%	$8.06/mo per $1,000 borrowed based on maximum amortization period.
Loan amounts less than or equal to 80.00% Loan to Value.	7.000	7.212%	$7.76/mo per $1,000 borrowed based on maximum amortization period.

Home Equity Line of Credit

Effective Date: - 12:00 A.M. EST

There are no transaction, activity, membership, or participation fees.
10 year draw period, 25 year amortization period.
Additional charges may apply.
Maximum rate 18%.
Loan Information	Interest Rate	APR (As low as)	Payment Amount
$5,000 minimum; $500,000 maximum; up to 90% of appraised value.	7.500	7.500%	APR is variable and reviewed monthly.

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Time to Invest in Your Home's Makeover

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Home Equity FAQs

What is Equity?

Equity is the difference between how much your home is worth and how much you owe on your mortgage.

What are the fees for a Home Cash Equity Loan?

$125 (other fees may apply).

What are the fees for a Home Equity Line of Credit (HELOC)?

Closing costs may apply.