Put your home to work. A home equity loan or line of credit uses your equity to lock in competitive rates. Whether you want to make a major purchase, renovate your home, borrow to invest or consolidate debt, we have a borrowing solution to meet your needs and budget.



  • Fast, attentive, friendly service from start to finish
  • Closing costs waived up to $500
  • The interest paid might be tax deductible*
  • Available on first or second mortgage on a primary residence in MN or WI
  • Consider refinancing existing home equity loans for better rate or lower payment
  • Five, ten and 15 year term
  • No application fee
Home Equity Line of Credit (HELOC)


  • Only pay interest on what is used, not full approved amount
  • Low, variable annual percentage rate
  • Draw funds whenever you need them without reapplying
  • Get approved for up to 90% of your home's value
  • Easy access to funds via a debit card, ATM or online

Apply for a Home Equity Line of Credit

Home Equity Loans

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

  • Low fixed annual percentage rate
  • Various repayment terms available
  • Borrow up to 100% of your home's current property tax value or appraised value (minus any existing first mortgage balance) for home improvement projects
  • Automatic payments available from your SMW FCU checking or savings account
*Consult a tax advisor for more information regarding the tax implications.