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Home Equity Loans

Finance your goals with a fixed-rate loan and affordable payments.

Why a home equity loan?

A home equity loan lets you tap into your home's value, helping you finance major life expenses like home improvements, debt consolidation, or education. With fixed rates and predictable payments, this loan offers flexibility and peace of mind.

At Community Financial Credit Union, we offer competitive rates and personal service for your home equity loan. Our team is dedicated to making your borrowing experience smooth and stress-free. We guide you every step of the way to ensure you choose the right loan for your needs.

Apply for a home equity loan

Personalized Borrowing

The good stuff

Enjoy low rates, flexible terms, and a personalized approach to borrowing. At Community Financial, we put your needs first. 

Get up to 100% of your home’s value!

Great features
  • Fixed rates & predictable payments: Enjoy the stability of fixed monthly payments at a competitive interest rate.
  • Access to large amounts of capital: Borrow a lump sum based on the equity in your home for major expenses, up to 100% of your home’s value.
  • Flexible loan terms: Choose terms that fit your budget and financial goals.
  • CFCU member advantage: Receive personal guidance and exceptional service tailored to your needs.
  • Save on your loan: Eligible for 0.25% discount for automatic payments from any CFCU share account.
  • No hidden fees or surprises: Transparency is key—no application fees, and no hidden charges.

Interest may be tax deductible. Contact your tax advisor!

Home Equity Loan Rates

Date Updated May 1, 2025

APR as low as*

Variable Rate HELOC

7.00%

Fixed Rate HE Term Loans

7.24%

*Home Equity Lines of Credit: The variable rate of 7.00% Annual Percentage Rate (APR) is based on a $25,000+ line of credit, 80% Loan to Value (LTV) and an excellent credit score. Estimate assumes a .25% rate discount given when payments are automatically deducted from a Community Financial checking account. Rates are based on the published Wall Street Journal Prime Rate and subject to change without notice. Additional rates available based on loan amount, LTV and individual credit history. Maximum rate 25.00% APR, minimum rate 2.00% APR. If you close your line of credit plan within the first 24 months you will be required to reimburse the credit union for the bona fide fees paid on your behalf.

Home Equity Term Loans - APR is based on $25,000 loan amount, for 60 months, with 80% LTV, and an excellent credit score. Estimate assumes a .25% rate discount given when payments are automatically deducted from a Community Financial checking account. Actual rate based on loan amount, LTV, term and individual credit history.

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HELOC

Looking for a HELOC instead?

A Home Equity Line of Credit (HELOC) lets you borrow against your home’s value—like a credit card with your house as collateral. Use it for home improvements, big expenses, or whatever’s next, with flexible access and competitive rates.

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Loans From CFCU

Other loan options

Frequently Asked Questions

Home Equity FAQ

Learn more about the advantages of using home equity loans.

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