Home Equity Loans
Our home equity loans allow you to borrow money against the equity of your home. These loans are designed to be flexible and convenient for you as a way to finance your periodic expenses, like college tuition or home remodeling projects.
Simply Secured is an available feature for a home equity loan. To learn more, click here.
For more information on our rates, lending options, or application, visit our mortgage site:
Home Equity Loan Rates
* Rates Accurate As of December 21, 2024
| RATES AS LOW AS | TERMS |
|---|---|
| 7.25% APR* | 60 Months |
| 7.75% APR* | 120 Months |
| 8.00% APR* | 180 Months |
*APR = annual percentage rate. Payment per $1,000 borrowed at 7.25% APR is $19.93/ 60 month term. Rate based on term and credit worthiness. Must qualify for membership. Contact the loan department for details. Member should consult a tax adviser for further information on tax deductibility.
We do business in accordance with the Federal Fair Housing Law and the Equal Credit Opportunity Act.
NMLS# 409031
Closing costs include a $275 application fee and may include an appraisal fee up to $550. Fees may vary based on appraiser and geographic area. Max CLTV (combined loan to value) is 80% and may require appraisal. Limited to primary residence located in Michigan.
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