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– Amy C.
Member Since 2010

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10-Year Fixed Rate Home Equity Loans
10-Year Fixed Rate Home Equity Loan

 

Primary Residence

With a Home Equity Loan, you borrow a set amount, receive the lump sum at funding, and pay interest on that full amount. Conversely, a Home Equity Line of Credit (HELOC) is a form of revolving credit where the funds are available to you to draw as you need, and you only pay interest on what you use.

Home equity loans can be taken out for almost any reason, from simple home improvement projects to remodeling, to helping pay for college expenses or going on vacation. How you use the money is up to you. However, borrowing too much of your equity can be detrimental if your home’s value falls — you’ll owe more than your home is worth.

 

Features

  • Available on single-family residences and condominiums (manufactured and mobile home properties are not eligible)
  • No lender origination fees1

Get Started

Online

Submit a Home Equity Loan Application

 

Call

Call 

 

800.462.8328, ext. 8288

Monday through Friday, 8 a.m. - 7 p.m.

Saturday, 9 a.m. - 3 p.m.

 

 

Term     Interest Rate  Annual Percentage Rate (APR)  Maximum Loan Amount  Maximum Combined Loan-to-Value (CLTV)   Estimated Payment Per $1,000 Borrowed  
10 Years 5.125% - 5.625% 5.125% - 5.625% $500,000 80%2 $10.67 - $10.91

 

Term    Interest Rate  Annual Percentage Rate (APR)  Maximum Loan Amount  Maximum Combined Loan-to-Value (CLTV)   Estimated Payment Per $1,000 Borrowed  
10 Years 5.375% - 7.125% 5.375% - 7.125% $100,000 90%3 $10.79 - $11.68

 

 

Disclosures

 1Lender origination fees 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. The borrower is responsible for these costs.

Eligibility for loan amounts exceeding $250,000 limited to detached single family or detached Planned Unit Development (PUD) properties.

The rate you may qualify for is based on factors including your credit rating and the combined loan-to-value (CLTV) of your property. A minimum credit qualifying score is required. Rates listed are effective as of date and subject to change without notice. The interest rate and payments are fixed for a term up to ten years, fully amortized. Payments do not include amounts for taxes and insurance premiums, if applicable, the actual payment obligation will be greater. An approved application is required for a rate to be locked. All loans subject to approval.

2CLTV range is 0% to 80% 

3CLTV range is 80.01% to 90%

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