home equity loans

Bring your ideas to life with HELOC rates as low as 6.250% APR1skip to disclosure

Fixed and variable rates | Borrow up to 90% of your home's value2skip to disclosure

Low-rate home equity loans with expert advice.

Competitive rates

No application fee

No application fee on HELOC, Conventional Equity, or Flex Equity loans.

No hidden fees

Applying is easy.

Apply online in minutes with our simple step-by-step process.

Local experts

Local home equity loan experts

We'll work with you from application to closing and throughout the life of your loan.

Compare home equity loans

Whether you're looking for the flexibility of a HELOC or the security of a Conventional Equity loan, we have you covered with options and terms that meet your needs. See all rates

HELOC

A revolving line with a variable rate, similar to a credit card.

  • Take up to 20 years to repay
  • Borrow as often as you wish during a 10-year draw period
as low as
6.250

%

APR1skip to disclosure

Conventional Equity

One low fixed rate for the life of the loan.

  • Receive the total loan amount in one lump sum
  • Available for a variety of terms.
as low as
4.990

%

APR3skip to disclosure

Flex Equity

One low fixed rate for 5 years. Then, your rate is variable.

  • Receive the total loan amount in one lump sum
  • Take up to 20 years to repay
as low as
6.181

%

APR4skip to disclosure

Future Value

Borrow on the future value of your home after renovations.

  • One low fixed rate for 5 years. Then, your rate is variable.
  • Take up to 20 years to repay
as low as
6.990

%

APR5skip to disclosure

What can I use my home equity loan for?

A home equity loan allows you to borrow against your home's equity to get a low rate loan that you can use for just about anything, including:

  • Home improvements
  • Debt consolidation
  • Education
  • Weddings or large expenses
  • ...And more!
Minimalist bedroom
Man using cell phone

Calculate your monthly home equity loan payment.

Is a HELOC or Conventional Equity loan right for you? Calculate and chart your payments over time.

"Silky smooth.
Super simple process. The online experience was intuitive and streamlined. The credit union staff was eager to help. The best home loan experience I've ever had." - Scott N

Apply online or give us a call.

  • Homeowners insurance required.

  • Single-Family dwellings only in Illinois.

  • We lend in all of Illinois on primary and secondary residences.

  • Consult a tax advisor regarding deductibility of interest.

  • Must have a Credit Union membership established and be in good standing. Rate, points, and Annual Percentage Rate (‘APR’) may be adjusted based on several factors including, but not limited to, state of property location, loan amount, documentation type, loan type, occupancy type, property type, loan to value and your credit score. Your final rate and points may be higher or lower than those quoted based on information relating to these factors, which may be determined after you apply. Maximum loan to value varies based on multiple factors, including but not limit to loan type, property type and occupancy type.

  • Other restrictions may apply.

1
  • Home Equity Line of Credit APR = Annual Percentage Rate. Prime rate as published in the Wall Street Journal 10 days prior to the change date. Rate is subject to change annually. 6.250% APR for a fixed rate with a term of 20 years with monthly principal and interest payments of $365.57. Payment examples based on a loan amount of $50,000 and a loan-to-value of 80%. Payment examples do not include homeowner insurance, property taxes, private mortgage insurance, or homeowner association dues. Actual payment may vary based on amount, term, APR, taxes and insurance, and other factors. Homeowner insurance required.

return to top
2
  • Qualified Members can borrow up to 90% of the appraised market value of their home (up to 80% for first lien loans, condos and second homes), Loan to Value, less the first mortgage owed.

return to top
3
  • Conventional Equity APR = Annual Percentage Rate. Rate subject to change without notice. Payment Example: 4.990% APR for a fixed rate with a term of 60 months monthly principal and interest payments of $943.33, based on a loan amount of $50,000 and a loan-to-value of 80%. Minimum loan amount $10,000, Maximum loan amount $1,000,000. Payment example does not include homeowner insurance, property taxes, private mortgage insurance, or homeowner association dues. Actual payments may vary based on amount, term, APR, taxes and insurance, and other factors. Homeowner insurance required. All loan terms and conditions are subject to Credit Union qualifications and approval. Some restrictions may apply. Must have a Credit Union membership established and be in good standing.

return to top
4
  • Flex Equity APR = Annual Percentage Rate. 20 year 5/1 ARM: Adjustable Rate Payment Example based on a loan amount of $50,000 and a loan-to-value of 80%.: 5/1 adjustable rate with a 6.181% APR, the first 60 payments are $343.94, with 12 payments at $390.22 if the rate were to adjust to 7.5%, 12 payments at $436.90 if the rate were to adjust to 9.5%, 12 payments at $483.52 if the rate were to adjust to 11.5%. Payment examples do not include homeowner insurance, property taxes, private mortgage insurance or homeowner association dues. Actual payments may be higher. Minimum loan amount $10,000; maximum $1,000,000.

return to top
5
  • Future Value Home Equity APR = Annual Percentage Rate. 20 year 5/1 ARM: Adjustable Rate Payment Example based on a loan amount of $50,000: 5/1 adjustable rate with a 6.990% APR, the first 60 payments are $387.35, with 12 payments at $437.11 if the rate were to adjust to 8.99%, 12 payments at $487.18 if the rate were to adjust to 10.99%, 12 payments at $537.10 if the rate were to adjust to 12.99%. Payment example does not include taxes or insurance premiums and actual payment may be greater. Minimum loan amount $25,000; maximum $200,000.

return to top
phone icon 800-323-2611 message iconMessage Us branch locationsBranches & ATMs pay my loanPay My Loan calendar icon Schedule Appointment
Routing Number:
271990198