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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 - $250,000 6.378%
Home Equity 1 7 Year $10,000 - $250,000 6.638%
Home Equity 1 10 Year $10,000 - $250,000 6.888%
Home Equity 1 15 Year $20,000 - $250,000 7.138%
Home Equity Line of Credit 2 10 year draw period 15 year payback period $10,000 - $350,000 7.49%
MAX Refi3 5 Year $10,000 - $600,000 6.250%
MAX Refi3 7 Year $10,000 - $600,000 6.250%
MAX Refi3 10 Year $10,000 - $600,000 6.500%
MAX Refi3 15 Year $20,000 - $600,000 6.625%
MAX Refi3 20 Year $50,000 - $600,000 6.875%
MAX Refi3 25 Year $50,000 - $600,000 7.125%
MAX Refi3 30 Year $50,000 - $600,000 7.125%

1 Home Equity Loan:  APR as low as 6.38%. 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 $250,000. Rates and Terms subject to change. Approximate monthly payment would be $19.57 per $1,000.00 for 60 months with an APR of 6.38%. 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.

*APR=Annual Percentage Rate

*Home Equity Line of Credit:  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, 2022  is 7.00%.  Minimum loan amount is $10,000; maximum is $350,000. The APR will never exceed 18% and will never be lower than 4.00%. Loans and actual standard rate offered are subject to approval based on overall creditworthiness factors and collateral. Maximum loan to value is 90% and collateral must be titled in the State of Michigan. 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.

3APR=Annual Percentage Rate. Actual rate offered is based on creditworthiness factors, term, amount, collateral and loan-to-value (LTV). Maximum loan to value is 90% and MAX Refi - Second/Vacation Homes Tier Tier 5-Year 7-year 10-Year 15-Year 20-Year collateral must be titled in Michigan or specific Ohio approved counties. Minimum loan amount is $10,000; Maximum loan amount is $600,000. Other conditions may apply Rates subject to change. Offer may be discontinued at any time without notice.