Home Equity2018-07-02T22:06:19+00:00

Home Equity

Home Equity Loan

Ideal for large expense, such as a major home improvement, or you want to consolidate your debt.

  • Funds disbursed all at one time
  • Fixed monthly payment amounts

Home Equity Line of Credit

Ideal for recurring expenses, such as home renovation or education-related costs.

  • Funds can be used as needed
  • Variable monthly payment amounts

Click here to view a Home Equity Comparison Chart – PDF

Click here to view a Home Equity Application Checklist – PDF

Click here to view Facts about Home Equity Loans – PDF

Click here for rates.


Click here to fill out our Application. You can also log into Online Banking or contact a lending representative at 800.328.1500.

NOTE: We offer up to 95% combined loan-to-value for Home Equity Loans and Home Equity Lines of Credit.

Fees: All closing costs and fees associated with a Home Equity Loan or Home Equity Line of Credit are the responsibility of the member; however, these fees can be financed with the loan.

Method used for determining the amount that you can borrow:

Value of home $100,000.00
x .80
Equity $80,000.00
Present Mortgage -$40,000.00
Equity Loan Value $40,000.00

Payments will be amortized on the basis of one year for every $2,000.00 borrowed, not to exceed 15 years. Loan payments will remain constant until an additional advance is made.

Interest may be deductible; check with your tax advisor.