Home Equity Rates
Home Equity Loans
Current Home Equity rates as of 5/1/2024, Subject to change without notice.
| Products | APR¹ | Sample Loan Amount | Sample Monthly Payment Amount |
|---|---|---|---|
| 20 Year Fixed | As low as 6.15% | $160,000 | $1,230.89 |
| 15 Year Fixed | As low as 5.95% | $160,000 | $1,411.42 |
| 10 Year Fixed | As low as 5.75% | $160,000 | $1,816.77 |
Home Equity Line of Credit
| Description | APR³ | Loan to Value |
|---|---|---|
| Home Equity Line of Credit (Variable Rate) - 1st or 2nd Lien² | As low as 8.50% | Up to 85% |
All loans/lines subject to credit approval and underwriting guidelines. Rates subject to change and may vary based on borrower creditworthiness, lien position, loan to value ratio and length of term. Property insurance is required, flood insurance may be required. Other conditions or restrictions may apply. Lender NMLS #509724. Financial Center First Credit Union membership required.
1) APR - Annual Percentage Rate and sample monthly payment amounts based on borrower credit score of 740 or higher, single-family owner-occupied property, estimated property value of $230,000 and 1st lien position home equity loan amount of $160,000.
2) A $199 processing fee is charged for 2nd lien Home Equity Lines of Credit.
3) APR – Annual Percentage Rate based on borrower credit score of 740 or higher, single-family owner-occupied property, estimated property value of $230,000 and first lien position home equity line amount of $160,000. APR is variable and based upon an index and margin, will vary with Prime Rate (index) as published in the Wall Street Journal, and will never exceed 18%.
Indianapolis, IN 46226-0501
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