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Home Equity Loan

With a Home Equity loan, you borrow a lump sum of money that is repaid over a fixed term, usually five to 15 years. This type of loan has a fixed rate and a consistent monthly payment. It differs from a HELOC because you must take all the money you want when you open the loan. Both HELOCs and Home Equity loans borrow from the equity in your home at a lower rate than most personal loans or credit cards.
A Home Equity loan is great for a large home renovation project or for a one-time debt consolidation.

Home Equity Loan vs. HELOC

Determining whether to use a home equity loan or a HELOC is not always a simple task. Take our quiz to help determine which loan fits your needs.

What loan is right for me?

  Home Equity Loan HELOC
Lump Sum Payment
Fixed Interest Rate
Variable Interest Rate
Borrow as You Need
Interest Tax Deductible*
*Consult your tax adviser to be sure

Talk to one of our experts if you need help determining whether a HELOC or Home Equity loan is best for you. Apply online in as little as ten minutes.

Apply for a Home Equity Loan »

This is a fixed rate loan. $5,000 minimum loan amount with 60 month term, up to 90% Loan to Value (LTV). Fixed rates do not apply to all states. Appraisals are required. Please check rates for payment terms, closing costs and availability for your area. Adequate property insurance must be maintained. Rates available depending on desired term and LTV. For Texas homeowners, the minimum loan is $10,000 and the maximum LTV is 80%. A minimum balance ($25) share savings account is required to maintain membership in the Credit Union. Consult your tax advisor to see if your interest is eligible for a tax deduction.

See Rates

Home Equity Loan

Lower rate then most personal loans!

Apply

Make Payment

Low rate source of cash
Borrow from your home's equity
Fixed rate loan
Predictable, fixed payments

 800.897.6991

Real People Helping You

Meet our regional mortgage officers.

They are our very own super friendly mortgage experts! Go ahead, ask them anything!

Andrew Harris

Regional Mortgage Officer

Becki Gailey

Bartlesville Mortgage Officer

Geoff Strole

Lawrence Mortgage Officer

Patti Dodrill

Springdale Mortgage Officer

Equal Housing Lender
We Do Business in Accordance With the Federal Fair Housing Law and the Equal Credit Opportunity Act.