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It's the right rate when you want to access your home's equity.

Home Equity Loan Rates

We can help your money go further.

Home Equity Loans

Type Term Financing APR As Low As
Home Equity 1 5 Year $5,000 - $200,000 4.875%
Home Equity 1 7 Year $10,000 - $200,000 5.375%
Home Equity 1 10 Year $10,000 - $200,000 5.50%
Home Equity 1 15 Year $20,000 - $200,000 5.75%
Home Equity Line of Credit 2

Introductory Rate of 3.50% for first 12 calendar months from opening date. After 12 months rate as low as 4.75%.*
10 year draw period 15 year payback period $10,000 - $250,000 4.75%
Equity Advantage 3 5 Year $10,000 - $250,000 3.375%
Equity Advantage 3 7 Year $10,000 - $250,000 3.625%
Equity Advantage 3 10 Year $10,000 - $250,000 3.875%
Equity Advantage 3 15 Year $20,000 - $250,000 4.125%
Equity Advantage 3 20 Year $50,000 - $250,000 4.375%

Home Equity Loan:  APR as low as 4.875%. Approval and actual rate offered is based on creditworthiness factors, term, amount, collateral, and loan to value. Offer applies only to principal residences in the state of Michigan. Excludes manufactured homes not on a permanent foundation. Minimum loan amount is $5,000; maximum is $200,000. Rates and Terms subject to change. Approximate monthly payment would be $18.81 per $1,000.00 for 60 months with an APR of 4.875%. Maximum loan to value is 90%.  Offer may be discontinued at any time without notice.  Other conditions may apply. Credit Union ONE waives fees for Collateral Valuation (including appraisal if required), Credit Report, Flood Certification, Junior Title Policy and Mortgage Recording. Applicant pays appraisal fee which is fully reimbursed at closing if loan approved and loan closes within 45 days of application.
Home Equity Line of Credit: APR=Annual Percentage Rate. APR will be variable based on an index plus or minus a margin for the life of the loan. The index is the highest prime rate as published in the Money Rates section of The Wall Street Journal. The margin ranges from 0% to 3.00% and is based on overall creditworthiness factors. The prime rate as of November 4, 2019, is 4.75%. Minimum loan amount is $10,000; maximum is $250,000. The APR will never exceed 18% and will never be lower than 3.25%. Loans and actual standard rate offered are subject to approval based on overall creditworthiness factors and collateral. Maximum loan to value is 80% and collateral must be titled in the State of Michigan. Introductory rate offer and margin may be changed or discontinued at any time. Offer may be discontinued at any time without notice. Other conditions may apply. Credit Union ONE waives fees for Collateral Valuation (including appraisal if required), Credit Report, Flood Certification, Junior Title Policy and Mortgage Recording. Applicant pays appraisal fee which is fully reimbursed at closing if loan approved and loan closes within 45 days of application. Offer may be discontinued or changed at any time. 
3 Equity Advantage:  APR=Annual Percentage Rate. Actual rate offered is based on creditworthiness factors, term, amount, collateral, and loan to value. Maximum loan to value is 90% and collateral must be titled in the State of Michigan. Minimum loan amount is $10,000; maximum is $250,000.  Approximate monthly payment would be $18.14 per $1,000.00 borrowed at 3.375% for 60 months. Other conditions may apply. Rates subject to change.  Offer may be discontinued at any time without notice. Other conditions may apply. Credit Union ONE waives fees for Collateral Valuation (including appraisal if required), Credit Report, Flood Certification, Junior Title Policy and Mortgage Recording. Applicant pays appraisal fee which is fully reimbursed at closing if loan approved and loan closes within 45 days of application.
* The initial discounted Annual Percentage Rate will be in effect for the first 12 calendar months from the opening date as reflected on the Home Equity Addendum.