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Home Equity Loans

Home Equity Loans and Home Equity Lines of Credit

Fixed Home Equity Loans and Variable Home Equity Lines of Credit are available to qualified borrowers. Whether you prefer the security of a fixed rate or the flexibility of a line of credit, both options leverage the equity in your home to provide affordable financing for home improvements, debt consolidation, or other financial needs. With competitive rates a Fixed Home Equity Loan or HELOC can empower qualified borrowers to achieve their goals and enhance their financial well-being.

FD Fixed-Rate Home Equity Loans as low as 5.49% APR*

Home equity loans are fixed rate financial products secured by the value of your residential property. Terms are offered ranging from 5 to 15 years and allow qualified borrowers to access amounts of up to 80% of the property's value, capped at $250,000. A Fixed Home Equity Loan provides stability and predictability with a set interest rate and fixed monthly payments, making it ideal for those seeking to fund one-time expenses or projects.

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FD Variable-Rate Home Equity Line of Credit

A Home Equity Line of Credit (HELOC) is a secured, variable rate financial product that uses the equity in your home as collateral. With HELOCs, qualified borrowers can access lines of credit up to $250,000 or 80% of the combined loan to value of their residence. A HELOC offers flexibility, allowing borrowers to access funds as needed, making it suitable for ongoing or unpredictable expenses. 

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Disclosure: * Lowest available rate. Rate shown for a fixed home equity loan is for a 5-year term at 5.49%. Monthly payments of $19.10 per $1,000 borrowed.  Secured loans based on the real estate value of your residence. Minimum $7,500. Terms from 5 – 15 years and amounts up to 80% of value to $250,000 are available to qualified borrowers. Rates based on credit history and qualification restrictions apply. All rates are subject to change without notice. NMLS #669541

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