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Home Equity Loans

Looking to take on a big project or make a significant move? Your home may hold the key.

Put your home's equity to work for you, either as a loan or line of credit. We can match you to the right solution. And with no up-front fees or closing costs in most cases, you'll keep more money in your pocket.*

 
Easy to apply

Do it online in a matter of minutes.

 
Flexible funds

Use your money for debt consolidation, home improvements, and more.

 
It's your choice

Apply for a revolving line of credit or a lump-sum loan.

Home Equity Lines of Credit

Choose a line of credit that you can tap into again and again, as necessary. 

  • Take advantage of a 10-year revolving line of credit, then take up to 10 years to repay
  • Access cash anytime through a credit card or convenience checks
  • Pay interest only on the amount borrowed
  • Interest-only monthly payment option available, for qualified borrowers**
  • Choose a Prime Equity Line to access up to 80% of your home's value**
  • Choose an Equity Line Plus to access up to 90% of your home's value**

Home Equity Loans

Receive your money all at once, which is helpful when you know exactly how much you need.

  • Funds disbursed at closing
  • Low, fixed rate for easy monthly budgeting
  • Budget-friendly repayment terms
  • Borrow up to 90% of your home's value**

Not sure which is best for you? Narrow it down.

 
 
Home Equity Lines of Credit

Trying to tackle a list of to-dos? Tap into funds as needed for up to 10 years. 

Home Equity Loan

Have a big project in mind? This lump sum could help. You receive your money all at once, which is helpful when you know exactly how much you need.

 
 

Application Checklist

Make sure you have these documents ready before you apply. And please note, additional documents may be required depending on your specific circumstances.

 

W2 Wage Earner:

  • Pay stubs for the most recent 30-day period
  • Social Security Award Letter (if applicable)

Self-Employed:

  • Past two years' personal and business (corporate/partnership) tax return forms and schedules
  • K-1s for prior two years if applicable

Rental Income:

  • Past two years' personal tax return forms and schedules
  • Copy of Homeowner’s Insurance Policy

Additional Information (if applicable):

  • Divorce decree and property settlement – signed
  • Bankruptcy papers
  • Trust documents

 

 
 
Subject to membership requirements. APR = Annual Percentage Rate. The rate examples are current as of 7/8/2024 and are Everwise’s best rate. Rates and terms vary depending on loan to value ratio, credit evaluation and underwriting requirements. PMI=Private Mortgage Insurance, flood and/or property hazard insurance may be required. All Credit Union loan programs, rates, terms, and conditions are subject to credit approval and may change at any time without notice. Payments examples do not include taxes or insurance premiums. The actual payments will be higher; and rates provided are based on current market rates and are informational only.