Home Equity Loans That Put Your House To Work

Borrow confidently with low closing costs, flexible terms, and no prepayment penalties.

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Access Cash Without Touching Your Savings

As you pay down your mortgage and your home gains value, equity builds. A home equity loan or line lets you borrow against that equity to fund renovations, tuition, or debt consolidation—often at lower rates than credit cards.

  • Low closing costs that maximize your budget
  • Better rates than traditional banks
  • Flexible terms that adapt to your timeline
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Three Smart Ways To Tap Your Equity

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Fixed-Rate Home Equity Loan

Certainty You Can Budget For

  • One lump sum with locked-in rates
  • Steady, predictable monthly payments
  • 10, 15, or 20-year terms
  • Perfect for one-time projects with clear costs
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Lockable HELOC

Flexibility Without the Guesswork

  • Borrow as needed with a variable rate
  • Lock in up to 3 fixed-rate segments
  • Pay interest only on what you use
  • Ideal for ongoing or unexpected expenses
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15-Year Rapid Refi

The Fast Lane to Mortgage Freedom

  • Refinance to a shorter term
  • Low closing costs—starting at $999
  • Save more on interest over time
  • Great for paying off your home faster
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Estimate Your Monthly Payment

Use these calculators to see what your Home Equity Loan or Rapid Refi payment could look like. Just enter your loan amount and preferred term to get a quick estimate.

Home Equity Calculator
Rapid Refi Calculator
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Your Free Guide to Borrowing With Confidence

Not sure where to start? Our Home Equity Guide breaks it all down—from what to expect in the application process to how to choose the right product for your goals.

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Frequently Asked Questions (FAQs)

How is home equity calculated?

It's a simple formula: your home's current market value minus your remaining mortgage balance equals your equity. For example, a $300,000 home with $180,000 still owed has $120,000 in equity. 

What's the difference between a HELOC and a home equity loan?

A home equity loan gives you one lump sum with a fixed rate and consistent monthly payments—like a second mortgage.

A home equity line of credit (HELOC) works like a credit card secured by your home, letting you draw funds as needed during the draw period, typically with a variable rate.

What percentage of my equity can I access?

Typically, you can borrow up to 80-90% of your available equity. 

Why choose a home equity loan over a credit card?

Three big reasons: significantly lower interest rates (often 10-15% lower than credit cards), potential tax benefits (consult your tax advisor), and larger borrowing capacity based on your home's value rather than just your income.

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Put Your Home's Value To Work

Apply online, stop by a branch, or connect with a CCCU lending expert. However, you move forward—we’re here to help make it happen.

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Loans subject to credit approval and collateral requirements. Property insurance required. Loan terms, rates, and available equity will vary based on individual qualifications. CCCU is an Equal Housing Opportunity lender. 

Home Equity Disclosures   15 Year Rapid Refi Disclosures