Community Resource Federal Credit Union
Community Resource Federal Credit Union

SMALL Mortgage Home Equity Loans Lines of Credit 2023 v3 web landing page

Home Equity Loans

Home Equity Loan/Line Rates

Line of Credit TypeRepayment TermAPR* as low asMax AmountDetails
Interest Only HELOCInterest Only payments first 5 years / 5 Year Draw Period / 25 Year Repayment5.75%Maximum Amt: $250,000 in 1st lien position / $100,000 in 2nd lien positionMaximum CLTV = 85%
HE Fixed Installment Terms up to 20 years5.50%Maximum Amt: $250,000 in 1st and 2nd lien positionMaximum CLTV = 85%
3 Year Adjustable10 year draw / 25 year repayment5.75%Maximum HELOC: $250,000 in 1st lien position / $100,000 in 2nd lien positionMaximum CLTV = 85%
Fixed Rate HELOC3 year draw/ up to 20 year repayment5.75%Maximum HELOC: $250,000 in 1st lien position / $100,000 in 2nd lien positionMaximum CLTV = 85%

Leverage the value of your home…

We offer you a wealth of government-sponsored lending options . To find out more, you can request a consultation.

  •  Check out Mortgages
  • Use your Equity
  • Refinance your Mortgage
HELOC Header

Fixed Rate Home Equity

The line of credit based on the equity you have in your home…

Mortgage and Home Equity - Home Equity Lince of Credit

Fixed Rate Home Equity LOC

The right choice if you have a one-time need for funds and want the security of a fixed rate

Mortgage and Home Equity - Interest Only Home Equity Link of Credit

Interest Only Home Equity Line of Credit

Mortgage and Home Equity -3 Year Adjustable Rate Home Equity Line

3 Year Adjustable Rate HELOC