Fixed Rate Home Equity
Put your home’s equity to work.
Use the equity you’ve built in your home to access a flexible, affordable source of financing for a family vacation, home improvements, or just about anything else you can think of! Take advantage of competitive, fixed interest rates and low monthly payments on this lump-sum loan.Apply Now
Our fixed rate Home Equity Loans feature:
- No closing costs*
- The equity in your home as collateral
- Competitive fixed rates for 10 or 15 years1
- Flexible financing terms
Get a no cost, no obligation quote + get started with pre-approval
Ready to Apply Now?Apply Now
*APR = Annual Percentage Rate. Actual rate based on applicant’s credit qualifications, amount financed, collateral and loan terms. Rates and terms subject to change without notice. Loan rates apply to new loans or loans from other financial institutions and are not intended for refinancing of existing Mill City loans. Additional discounts do not apply. Consult your tax advisor for deductibility options. No closing costs. The appraisal fee is the responsibility of the applicant regardless of whether the loan is consummated. Appraisal costs range from $75 to $600. Ask a credit union representative for complete details.
**LTV – Loan-to-value. This reflects the dollar amount of your mortgage loans compared to the value of the home.
|Fixed Home Equity Rates||as low as APR*||as low as APR*|
|Term||Up to 80% LTV**||Monthly payment per $10,000||Up to 85% LTV**||Monthly payment per $10,000|
|10 Year Fixed||4.99%||$106.02||6.24%||$112.23|
|15 Year Fixed||5.25%||$80.39||6.50%||$87.11|