Home Equity Loans
Home Equity Loan Rates
Rates subject to change without notice.Loan Calculator
Home Equity Line of Credit
Prime - 1.01% on balances of $50,000 and over
Prime - .51% on balances under $49,999
ALL CLOSING FEES ARE CURRENTLY WAIVED.
Access your line of credit by writing a check for $500.00 or more.
We'll supply 25 free checks.
* First and second mortgage balance may not exceed 80.0% of market value.
Rate Index: Wall Street Journal Prime Rate. Minimum rate is 4.0%. Maximum rate is 18%.
Fixed Payment Home Equity Loan
Home Equity Line of Credit: Rates quoted for $20,000 and over
Minimum Loan Amount $5,000. Call for loan amounts less than $20,000.00. New Loans Only. Call for existing BFG loan refinancing.
We are currently waiving all fees on loans of $10,000.00 or more. Waived fees assessed if loan closes before 3 years.
*Includes ¼% rate discount for selecting an automated loan repayment option.
Bridge Loan to Purchase New Home
* First and second mortgage balance may not exceed 60% of market value.
** Minimum Rate 8.00%. APR calculated on $20,000.00 loan amount for a term of 12 months. Closing costs paid by member
Balloon Note. No Payments Required During Loan Term.