Home Equity Loans
- Low fixed rate
- Offered for homes nationwide
- Various terms available
- Borrow up to 90% of your home's value up to $175,000
- Market Value x 90% - all current outstanding liens = Equity Available (see example below)
$200,000 (Market Value) x 90%*= $180,000 – $150,000 (Current 1st Mortgage) = $30,000 Available Equity
*Please note that the Combined LTV (1st mortgage and our 2nd mortgage) cannot exceed 90% of the Market Value of the home.
- Finance a new home equity loan or refinance one you have with another lender
*Please click here for additional information and disclosures.
- Smart Money Rewards members receive a 0.25% Annual Percentage Rate discount
- A low fixed rate means your payment will never vary
- Apply online 24/7 and receive your answer immediately
- May qualify you for a tax deduction; consult with a tax professional to find out more
- Helps you accomplish your goals - whether that's sending your kids to college, buying a new car, or traveling the world
- Homeowners insurance is offered through our partner, CUNA Mutual
- Capitalize on the experience of our dedicated real estate team
If you'd like to obtain a Home Equity Loan, use our easy online application. We also offer a printable application if you'd prefer this method. Documentation - Please send us copies of (a) a recent pay stub, W2, or income tax return; (b) your deed; (c) your mortgage statement; (d) a real estate bill with assessment; and (e) if you're refinancing, a current equity statement.