Home Equity Loans


Home Equity Loans

Borrow a fixed amount and receive your money in one lump sum.

For large, one-time expenses, a home equity loan may be your best option. Home loans allow you to borrow against the equity you have earned in your home.  The loan amount you qualify for is based on your home’s loan-to-value ratio (equity), your mortgage payment term, your verifiable income and your credit history. Typically, the amount is repaid over a set schedule, and the interest expense may be tax deductible.

Benefits and Features

  • Loans start at $10,000
  • No closing cost on loans over $10,000¹
  • Variety of term options available to fit your budget
  • Low interest rates mean more of your money goes to pay down the principal
  • Payments stay the same over the term of the loan
  • Up to 100% financing
  • Make payments online or at any FCU location

Get Started Today!

Online Loan Application

Complete an application online to get started

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Home Equity Loan and Line of Credit Calculators


Home Mortgage Disclosure Act Notice

The HMDA data about our residential mortgage lending are available online for review. The data show geographic distribution of loans and applications; ethnicity, race, sex, age and income of applicants and borrowers; and information about loan approvals and denials. These data are available online at the Consumer Financial Protection Bureau’s Web site (www.consumerfinance.gov/hmda). HMDA data for many other financial institutions are also available at this Web site.

FCU is an Equal Housing Lender.

1. No closing cost for loans $10,000 or greater.  Title insurance for loans $250,000 and greater paid by member.

Terms are 5, 7, 10, 15 and 20 years. Minimum loan amount is $10,000.  Maximum loan amount determined by home equity and creditworthiness. Credit approval and other restrictions apply. Title insurance may be required and is paid by borrower on home equity loans and HELOCs. Property insurance is required, and flood insurance may be required depending upon the location of the property. The amount of equity available in your home is based upon the current market value of the property, minus the amount of any current mortgages and other liens on the property.

The calculators found on this page are for information purposes only. While the results of the calculators may be generally accurate, the results do not reflect any specific credit union accounts, loans or other products or services and may not exactly match the calculation methods used by the credit union (or any third party) for accounts, loans or other products or services. These calculators should be used only for general informational purposes and should not be relied on for any specific transaction.