Closed in Observance of President's Day
ISU Credit Union will be closed Monday, February 19, 2018. Online Banking, Smart Phone Apps, Mobile Banking, PAT and ATM access will be available.

Home Equity Loans and Lines

  • Rating: 4.9 (9)
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Unlock the value you’ve built in your home and put it to work.

ISU Credit Union Home Equity financing gives you the options you need when it comes to updating, adding on to, or refinancing your home. Available as a flexible “use it when you need it” line of credit or in a convertible fixed-rate portion, these financing options can be used for almost anything. And the interest you pay may be tax deductible.

When it comes to borrowing money against your home, ISU Credit Union has your security in mind. That's why we offer you a choice when you want to borrow money based on the value of your home.

Choose your home equity loan:

  • Fixed-rate, fixed-term home equity loan – Perfect for members who want to borrow a certain amount and have set monthly payments
  • Variable-rate line of credit – Great for members who want to borrow different amounts as needed and don’t mind varying payment amounts
  • Now borrow up to 95% LTV of the value of your home*

Questions? Call your ISU Credit Union lender at (208) 235-7100, toll-free at (888) 847-8328 or Apply Now!

*Rate determined by Loan-to-Value (LTV) and a review of your credit application; LTV maximum determined after a review of your individual situation. Loan amounts range from $1,000 to $50,000. Property must be primary residents only. Mobile, manufacturer or modular homes are not eligible. Second homes or investment properties do not qualify. Some restrictions apply. Contact a Mortgage Loan Originator for complete details.

Is your house bursting with equity?

Home Equity Rates

Table data for Home Equity
 Rates effective 02-19-2018
Interest Rate Annual Percentage Rate (APR) Alert Me
Home Equity Loan1 5.94% Fixed 5.94% Fixed Receive a notification when this rate changes
Home Equity Line of Credit2 3.75% Variable 3.75% Variable Receive a notification when this rate changes
  • 1Based on an 84-month repayment term and 80% CLTV. No discounts for automatic payment from a Share or Share Draft account. Rates effective 10/21/2011. Rates quoted are for top tier FICO scores. Appraisal fee paid by member.
  • 2Rate effective 10/21/2011. Based on a 240-month repayment term. Variable rate is indexed to the Wall Street Journal prime rate less .25% with a floor rate of 3.75% and a maximum rate of 14.00%. Rate reprices monthly. Loan proceeds are on a 10-year draw. Loan terms and rates on approved credit. Rates quoted are for top tier FICO scores.

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Quick and Easy

I got my Home Equity Line of Credit a couple of years ago and the process was quick and easy. I've enjoyed the simplicity of my HELOC and appreciate the rate and working with the credit union. It's easy to advance the money online and to also make payments online.
Posted By: Cam T
292 days 10 hrs 2 mins 37 secs ago
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