Home Equity Loans
Start using the equity in your home for what you want.
What would you like to do?
Apply for a home equity loan.
No Closing Costs
A Home Equity Loan is an excellent way for homeowners to finance large projects, purchases, and expenses, with up to 100% financing! Consolidate debt, renovate your home, make large purchases, and more. Home equity loans have favorable rates and could have possible tax benefits (consult with a tax adviser for details). The amount of money you can borrow depends on the equity you have in your home. Equity is the difference between what your home is worth and how much you owe.
Home Equity Loan Rates
Check with a CFCCU Loan Officer for exciting new options.
Home Equity Line of Credit³
APR¹ as low as
Rates, terms, and conditions subject to change and may vary based on qualifications, including creditworthiness and loan-to-value ratio. All loans subject to approval.
Maximum APR¹ is 21.00%. Add 1.75% to interest rate for loans with loan-to-value ratio over 85%.
The required minimum payment is $100 or payment is calculated on a 15-year term based on current APR¹ and balance outstanding.
Closing costs are approximately $230 but may be higher if a full appraisal is required.
³Payments do not include taxes and insurance premiums. The actual payment obligation may be greater.
Home Equity Loans Closed End³
Loan Term
APR¹ as low as
EXAMPLE: A $30,000 loan for a term of 120 months with a 5.15% APR¹, the monthly payment will be $321.
EXAMPLE: A $50,000 loan for a term of 180 months with a 7.25% APR¹, the monthly payment will be $457.
Below is the NMLS information for each MLO employed by the Cedar Falls Community Credit Union NMLS #434893.
- Paola Montes 2527813
- Alyssa A. Aikey 2119472
- Lindsy K. Graham 2096336
- Hailey M. Olson 2362593
- Morgan L. Harrigan 2579047
- Clark P. Doyle 2576736
- Dakota L. Sands 2651395