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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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Today's Rates

As low as
View Rates
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

Model house placed on top of several hundred-dollar bills.

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.

Disclaimers:

*APR=Annual Percentage Rate. Rates, terms, and conditions are subject to change and may vary based on creditworthiness, qualifications, and collateral conditions. All loans subject to approval.

**Appraisal required on loan amounts greater than $50,000.

Mortgage Applicant Disclosure

Home Equity Early Disclosure

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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.