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A Home Equity Loan from CFCU allows qualified borrowers to use their loan proceeds to satisfy personal needs which may include: home improvements, education, or debt consolidation.
Easy Financing Terms
- Variable rate that adjusts quarterly. Rate is equal to Prime + 0.00%
- No prepayment penalties or points.
- Easy repayment by payroll deduction, direct payment or share transfer.
- Minimum equity line $5,000.
- Maximum equity line $50,000.
- Activity statement issued quarterly.
- 80% of appraised value minus first mortgage balance establishes line-of-credit.
Loan Application
Current Loan Rates
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