PAY ZERO IN CLOSING COSTS

Make Room for Your Dreams

Home Equity Loans & HELOCs

Family Smiling Together in the Kitchen

Interested in a home equity loan or line of credit?

Let's connect and get started!

Family Smiling in the Kitchen

Dream it, plan it, do it - with the power of a home equity loan or line of credit.

  • Pay zero in closing costs
  • Enjoy competitive rates
  • Only pay your appraisal fee
  • Easily apply online

TIP – You can apply at the lender of your choice. A home equity loan product isn’t connected to your current mortgage!

"We had never renovated before, but with two growing kids and only two bedrooms, we knew we needed to either renovate or move. My husband’s cancer diagnosis in 2018 made things even tougher. So we approached CCCU about a home equity line of credit. We got approved and added two bedrooms to our home. And the best news? My husband is in remission now."

JANE M.

Member Since 2018

Fixed Home Equity 
Maximum term available is 240 months. Payment per $10,000 (excluding tax and insurance): 80% is $117.72 at 7.24% APR for 120 months, $80.78 at 7.49% APR for 240 months, and 90% Loan-To-Value is approximately $87.06 at 8.49% APR for 240 months. Home Equity Line of Credit (HELOC): The Lockable HELOC has both variable and fixed rate advance options. Minimum loan amount to convert HELOC to fixed is $5,000. Rate may vary based on Wall Street Journal (WSJ) Prime Rate plus disclosed margin, applicant's credit qualifications, and collateral. Rate floor is 4% and will not exceed 18%. Lockable rate is based on available 20-year Fixed Home Equity 80% Loan-To-Value rate. Payment is the greater of 1% of outstanding balance or $50. Member is responsible for all closing costs, including appraisal, if less than $25,000 advanced at consummation. Closing costs including appraisal generally range from $300-$3,000. Rate based on applicant’s credit qualifications, collateral, and loan term. Minimum loan amount is $25,000. Member responsible for cost of appraisal regardless of completion of loan. Appraisal fee may range from $102-$1,000 depending upon location. Homeowners insurance is required. Rates subject to change at any time. Other restrictions may apply.  Contact us for additional details.