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Home Equity

Surprises belong at birthday parties, not in the fine print for your loan.

Choose a no-surprises Home Equity Loan or Line of Credit from CEFCU. Most borrowers won’t even have to pay closing costs.*

Home Equity Rates

Access your credit line in person, at ATMs, by phone, online or through Home Equity Checks.

Home Equity Rates

How much Equity?

Home Equity Example


Appraised Home Value    $100,000
Multiply by .80    0.80
Equity    $80,000
Balance due on first mortgage   -$60,000
Approximate amount Home Equity Loan/Line       $20,000


Apply for a Home Equity Line or Loan Now

Features & Benefits

Credit Life Insurance

Choose loan protection to reduce or pay off your loan.

Credit Disability Insurance

Get protection for payments if you're not able to work.


Figure payments and more.

*CEFCU’s closing cost assistance offer is available for a limited time for qualified CEFCU members in good standing who are opening a Home Equity Credit Line or Fixed-Rate Home Equity Loan of $10,000 or more using their owner-occupied home as collateral. To qualify, the home being used as collateral may not be for sale; Bridge Loans and Lot Loans are not eligible for closing cost assistance. Property insurance is required and not included in closing costs. Closing cost assistance excludes Transfer Taxes or Mortgage/Intangible Taxes (applicable in certain states but not applicable to Illinois or California properties). Contact CEFCU for details, including more specific information about third-party fees.

**Draw against your Line of Credit for eight years and take up to 15 years to repay.

Home Equity Credit Line (HELOC) is available in the following states: Alabama, Arizona, California, Colorado, Florida, Georgia, Illinois, Indiana, Iowa, Kentucky, Minnesota, Mississippi, Missouri, Nevada, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee, Virginia, West Virginia, Wisconsin.

No Home Equity products are available in Texas.

NMLS#: 407798