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 Terms
Up to $50,000
- Up to 80% Equity
- Up to 15-year amortization with 5-year balloon
$50,001 to $100,000
- Up to 80% Equity
- Up to 20-year amortization with 3-year balloon
$100,001 to $400,000
- Up to 80% Equity
- Up to 30-year amortization with 3-year balloon
Home Equity 10 Year Fixed Loan
Up to $150,000
- First mortgage only*
- Up to 80% Equity
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
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Apply online or print and mail your application.
Online Loan Application
or
Print & Mail Loan Application
For more information, give us a call