Get the money you need now, for repairs or renovations in the future!
Get a Fixed-Rate Home Equity Line of Credit and lock in your rate!
- No prepayment penalties
- No maintenance fees
- Credit line allows access as needed
- Line of credit available for up to 5 years
Home Equity Loans are available for primary residences located in Nebraska or Pottawattamie County, in Iowa. Rates, terms and conditions are subject to change and may vary based on creditworthiness, qualifications and collateral conditions. Other restrictions may apply. All loans subject to approval. The actual rate and amount of your line/loan will be determined by the amount of equity in collateral and creditworthiness. Payments based on 1.50% of outstanding balance at the end of statement cycle or $25 whichever is greater. At the end of the 60 month draw period, loan enters a repayment period up to 120 months. Minimum payment may not repay principal which will result in a balloon payment at the end for the repay period. Applicants are responsible for cost of appraisal, if required. The closing costs depend on the location of the property and the amount of the equity line/loan. For lines/loans up to $100,000, closing costs typically range between $225 and $1,000. Property Insurance is required. Consult your tax advisor for deductibility of Interest. Interest accrues from the date of funding. You must be a member of the Credit Union to obtain a loan. There is a $5.00 minimum balance required in your share savings when you become a member.