Home Equity Loans

Using the equity in your home, you can borrow for any purpose you choose: debt consolidation, home modernization, automobile financing, tuition, etc. Home equity financing is secured by a lien on your home. Establish a revolving credit line, up to 70% of your home’s equity. And best of all, the interest you pay may be tax-deductible. (Consult your tax advisor)

A LISEFCU HELOC offers:

  • HELOCs with a minimum $5,000 initial advance; $150,000 maximum
  • No points charged to you
  • No prepayment penalties when you borrow from LISEFCU
  • Payments are based on the amount you actually borrow. Borrow as much of your line as needed, as expenses arise.
  • Fast and convenient from application to closing.

*Special terms for promotional rates and offers.
Limited time introductory or promotional offers will terminate, causing all such APRs to automatically revert to the standard, non-promotional APR, if your account is closed for any reason within the first one (1) year from the date of your first advance, or if you either fail to make a required minimum payment by your payment due date, or otherwise default on the original terms and agreements of this loan. Any closing costs paid by the Credit Union must be repaid by the borrower if a Home Equity Line of Credit or Home Equity Loan is closed within the first 36 months. Special HELOC rates assume a minimum line of $30,000 and an initial advance of $5,000.

LISEFCU is an equal opportunity lender and an equal housing lender.

Try our Loan Calculator to calculate what your monthly loan payment would be. This saves you from guessing what you can afford.

View up-to-date information on our current loan rates.

Apply today using our Home Equity Line of Credit Worksheet and the Home Equity Line of Credit Application.