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Home Equity Loans

  • Rating: 4.7 (11)
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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.

  • 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.

Home Equity Rates

Table data for Home Equity
 Rates effective 09-28-2020
Interest Rate Annual Percentage Rate (APR) Alert Me
Home Equity Line of Credit1 4.50% Variable 4.50% Variable Receive a notification when this rate changes
  • 1Rate effective 08/22/2018. Based on a 180-month repayment term. Variable rate is indexed to the Wall Street Journal prime rate less .25% with a floor rate of 4.00% and a maximum rate of 14.00%. Rate reprices monthly. Loan proceeds are on a 5-year draw and 15-year repay. 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
1244 days 1 hr 39 mins ago
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