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Fixed Home Equity

Fixed Home Equity

You've worked hard for your home. Why not put it to work for you? Whether it's a new car, a dream vacation, or a new kitchen—a home equity loan may be the answer.

Speak with one of our loan professionals today to find out how easy it is to make the most of your home's equity. The interest may be tax deductible*, presenting yet another advantage over a traditional term loan.

Put the power of your home's equity to work for you.

Summary
  • No application fee
  • Low fixed annual percentage rate
  • Various repayment terms available
  • Local decision-making
  • Personalized service
  • Available to first or second mortgage on a primary residence in Minnesota
  • Borrow up to 80% of your home's current property tax value or appraised value (minus any existing first mortgage balance)
  • Automatic payments available (from your SMW FCU checking or savings account)
  • Consider refinancing existing home equity loans for better terms

Check out our current rates.

*Consult a tax advisor for more information regarding the tax implications.