HOME EQUITY LOANS
Home Equity Loans can be taken out for almost any reason, from simple home improvement projects and remodeling, to helping pay for college expenses or consolidating debt.
A Home Equity Loan is a fixed rate second mortgage you borrow against the equity in your home; you'll receive the full loan amount at funding. It may be suitable if you know the exact amount you need and want a fixed payment for a fixed term. A Home Equity Line of Credit HELOC may be better if you want funds available for ongoing or unexpected expenses.
Today's ratesRates as low as 6.500% APR.
Features of all of our home equity loans
- No lender origination fees.1
- Available on single-family residences and condominiums (manufactured and mobile home properties are not eligible).
Our loan consultants will answer your questions about financing and compare different loan options to find a loan that's right for you.
Monday through Friday, 8 a.m. – 7 p.m.
Saturday, 9 a.m. – 3 p.m.
Or schedule a meeting with a loan consultant in person, over the phone or at a branch.
Submit an application
Apply online through our application platform. Log in with your SchoolsFirst FCU user name and password, or as a guest.
If we aren't the best deal, we'll tell you.
If you've shopped around, we'll gladly compare your options to help you make a confident choice — even if that means choosing another lender.
- Some closing costs may be incurred if accommodation recording fees, title charges to clear or transfer liens, or indemnification due to construction on the subject property are required. Appraisal fee incurred for loan amounts over $250,000. The borrower is responsible for these costs.
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