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 June 1, 2020
|RATES AS LOW AS||TERMS|
|4.00% APR*||60 Months|
|4.50% APR*||120 Months|
*APR = annual percentage rate. Payment per $1,000 borrowed at 4.00% APR is $18.42/ 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.
Closing costs include a $100 application fee and may include an appraisal fee up to $515. 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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