Tap into the equity of your home with a Home Equity Loan or Line of Credit.
Home Equity Loans
Crow Wing Power Credit Union knows you've worked hard to build equity in your home. Now is the time to put it to work for you. With a Home Equity Loan, you secure the entire balance of your loan upfront, in one lump sum.
Home Equity Loan Rates
Up to $50,000
- APR as low as 5.74%*
- Up to 80% Equity
- Up to 15-year amortization with 5-year balloon
$50,001 to $100,000
- APR as low as 5.74%*
- Up to 80% Equity
- Up to 20-year amortization with 3-year balloon
$100,001 to $400,000
- APR as low as 5.74%*
- Up to 80% Equity
- Up to 30-year amortization with 3-year balloon
* Actual rate may be higher based on the applicant's credit score. Annual Percentage Rate (APR)
Rates and terms are subject to change without notice. Rates are for informational purposes only. Not all borrowers will qualify for all rates.
NMLS# 408088
Home Equity Line of Credit (HELOC)
A Home Equity Line of Credit (HELOC) is a revolving line of credit using your home as collateral. With a home equity line of credit, you can borrow as much or as little as you need, up to your pre-set limit. You'll have easy access to your money and only pay interest on the amount you withdraw.
A Home Equity Line of Credit (HELOC) is a flexible way for you to help pay for:
- Home improvements.
- Consolidating and paying down your debt.
- Education expenses.
- Vacations.
HELOC Rate and Terms
Up to $200,000
- Variable Rate = Wall Street Journal Prime
- Floor of 4.00%
- Up to 80% Equity
- 15-year amortization
- Minimum Payment $100
NMLS# 408088
Apply online or print and mail your application.
Online Loan Application
or
Print & Mail Loan Application
For more information, give us a call