Home Equity Rates

 Term

 Simple Interest

 Fees*

 5 yrs.

 4.50%

 Appraisal Fee up to $350.00

 7 yrs.

 5.00%

 Appraisal Fee up to $350.00

 10 yrs.

 5.75%

 Appraisal Fee up to $350.00

 15 yrs.

 6.25%

 Appraisal Fee up to $350.00

Minimum Loan $15,000; Maximum Loan $75,000

* Fees will be incurred for any loan paid off within the first year.  This also applies to any loans canceled after appraisal and title policy have been ordered.  This fee is to cover costs by the credit union.

*FEES WILL APPLY IF APPLICANT WITHDRAWS FROM LOAN PROCESS AFTER APPRAISAL AND/OR TITLE IS ORDERED.

MINIMUM LOAN: $15,000.00
MAXIMUM LOAN: $50,000.00

BASED ON 80% LOAN TO VALUE, MINUS ANY $$ OWED ON FIRST MORTGAGE. PROPERTY MUST BE OWNER-OCCUPIED FOR THE LIFE OF THE LOAN.