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Community Resource Federal Credit Union
Community Resource Federal Credit Union

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 Repayment7.00% Intro
Then Prime + Margin
Maximum Amt: $250,000 in 1st lien position / $100,000 in 2nd lien positionUp to CLTV = 80%
HE Fixed Installment Terms up to 20 years6.00%Maximum Amt: $350,000 in 1st and $200,000 in 2nd lien positionUp to CLTV = 100%
3 Year Adjustable10 year draw / 25 year repayment6.00% Intro
Then Prime + Margin
Maximum HELOC: $250,000 in 1st lien position / $100,000 in 2nd lien positionUp to CLTV = 100%
Fixed Rate HELOC3 year draw/ up to 20 year repayment6.50%Maximum HELOC: $250,000 in 1st lien position / $100,000 in 2nd lien positionUp to CLTV = 100%
Secured Home Improvement 20-year loan term7.00%Maximum Amount: $250,000: Home Improvement only / Bid/material list must be includedUp to CLTV = 133%
Unsecured Home Improvement10-year or 15-year loan term8.74%Maximum Amount: up to $30,000: Home Improvement Only / Bid/material list must be includedn/a

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

Community-Resource-Adjustable-Rate-studying-at-home

Home Improvement Loan