Rates

Put your home to work. A home equity loan or line of credit uses your equity to lock in competitive rates.

Details
  • No application fee
  • Low, fixed annual percentage rate
  • Various repayment terms available
  • 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)
  • The interest paid might be tax deductible*
  • Automatic payments available from your SMW FCU checking or savings account
  • Consider refinancing existing home equity loans for better terms
  • Local decision-making and processing by your community credit union
  • Attentive, friendly service from start to finish
Home Equity Line of Credit (HELOC)
  • No application fee
  • Borrow as needed without re-applying
  • Only pay interest on what is used, not full approved amount
  • Low, variable annual percentage rate
  • Various repayment terms available
  • Available to first or second mortgage on a primary residence in Minnesota
  • Get approved for up to 80% of your home's current property tax value or appraised value (minus any existing first mortgage balance)
  • The interest paid might be tax deductible*
  • Automatic payments available from your SMW FCU checking or savings account
  • Local decision-making and processing by your community credit union
  • Attentive, friendly service from start to finish
Home Improvement Loans

Styles have changed since you first bought your home. Give it an upgrade with an affordable home improvement loan.

  • No application fee
  • Low fixed annual percentage rate
  • Various repayment terms available
  • Available to first or second mortgage on a primary residence in Minnesota or Wisconsin
  • Borrow up to 100% 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 improvement loans for better terms
  • Local decision-making and processing by your community credit union
  • Attentive, friendly service from start to finish
*Consult a tax advisor for more information regarding the tax implications.