Leverage Your Home Equity

Home equity loans and home equity lines of credit (HELOC) are both great ways you can leverage your home's equity to free up funds. The equity in your home is the difference between the market value of your home and any outstanding loans. Free up funds for things like debt consolidation, home improvement projects or repairs, traveling, big purchases, or performing stylish home renovations.

If you need a lump sum for a specific task, consider our fixed-rate home equity loan. This is also known as a second mortgage.

Much like a credit card with the freedom to borrow as you please, our home equity line of credit lets you access funds whenever you need, with no annual fee.

There's no reason to delay leveraging your home's equity to fix up, consolidate or jet-set. Get started today!

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Home Equity Loan

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Home Equity Line Of Credit

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Benefits

Flexible and fixed repayment plan

Low closing costs
Benefits

Borrow and repay as needed (up to credit limit)

No annual fee
Requirements

Fixed interest rate

Up to 15 year term with no prepayment penalty
Requirements

Variable interest rate

Up to 10 year term

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Home Loan Rates

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Loan Product Maximum Loan to Value (LTV) Minimum Loan Term Rate as low as APR* as low as
Conventional Mortgage Up to 100% LTV No Minimum 10, 15, 20, 30 Year - Fixed Rate Click here for current rates
First-Time Homebuyer Up to 97% LTV No Minimum Up to 30 years - Fixed Rate Click here for current rates
USDA Loan Up to 100% LTV, 101% with Guarantee USDA Fee No Minimum 30-year Fixed Term Contact us for current rates
ARM Loan Up to 100% LTV No Minimum 5/1 & 7/1 - Variable Rate Click here for current rates
Construction Loan Up to 95% LTV No Minimum Flexible Terms - Fixed Rate Click here for current rates
Land Loan Up to 75% LTV No Minimum 15-year Fixed Contact us for current rates
Rapid Refi Up to 80% LTV No Minimum Up to 180 Months - Fixed Rate Click here for current rates
Renovation Loan Up to 97% LTV No Minimum Up to 30-year Fixed Rate Contact us for current rates
Home Equity Loan Up to 85% LTV $10,000 12 - 120 Months - Fixed Rate 7.490% 7.490%**
Home Equity Loan Up to 85% LTV $25,000 121 - 180 Months - Fixed Rate 7.740% 7.740%***
Home Equity Line of Credit Up to 80% LTV $10,000 120 Months - Variable Rate 8.500% 8.500%****

Membership at ProFed is required. *The annual percentage rate (APR) listed are our best rates. Your rate may vary depending on your credit score. **Annual Percentage Rate is based on a loan amount of $10,000 and a term of 120 months. ***Annual Percentage Rate is based on a loan amount of $25,000 and a term of 180 months. ****The Rate for the Home Equity Line of Credit is based on prime (index), as published in the Wall Street Journal on the last day of the month, plus a margin. The Annual Percentage Rate is based on a $10,000 line of credit.

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ProFed Credit Union, NMLS# 490949