Home Equity Loans
Finance your goals with a fixed-rate loan and affordable payments.
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.
Ready to unlock the value of your home? Apply today for a home equity loan!
Enjoy low rates, flexible terms, and a personalized approach to borrowing. At Community Financial, we put your needs first.
Interest may be tax deductible. Contact your tax advisor!
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.
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.
Home repair is a critical part of ensuring safe and stable housing for individuals and their families. The Relentless Care Foundation is honored to support Otsego-Antrim Habitat for Humanity with a $10,000 grant to further their critical home repair program.
CFCU and the Relentless Care Foundation partnered with Samaritas to expand access to affordable housing across Michigan.
The Relentless Care Foundation awarded a $20,000 grant to the Community Economy Development Association of Michigan, CEDAM, a nonprofit association that works to build vibrant communities across Michigan, supporting them in their efforts to expand access to affordable housing, drive greater economic growth, and increase household wealth.
Looking for a different kind of loan? We offer a wide range of borrowing solutions to fit your needs, including personal loans, home equity lines of credit, and more.
Learn more about the advantages of using home equity loans.
Ready to take the next step? Apply now for your home equity loan and unlock the power of your home.
If you need to chat about your current CFCU mortgage, our mortgage servicing team is here for you!
Looking to make your Impossible Dreams possible? Your membership can help make it happen!
Wherever you are on your financial journey, you Belong here.