Home Equity Loans

Get either a line of credit or get a traditional single-disbursement second mortgage. These loans let you tap the equity in your home to pay for remodeling, debt consolidation or just about anything else. The interest you pay is typically tax deductible. (Consult your tax advisor.) 

We pay most closing costs, excluding appraisal if required. 

Home Improvement Loans

Remodel or expand your home with a home improvement loan.

Contracts for Deed

Borrow up to half your equity in a contract for deed seasoned one year or more.

Loan Rates
 as of 7/1/08

Annual percentage rates are merit based, depending on one's credit bureau score.

Home Equity Loans
Variable rates, pegged to the prime rate. Rates for home equity line of credit and traditional single disbursement second mortgages are the same.
80% loan-to-value 5.00%-12.50%
100% loan-to-value 7.00%-14.50%
Home Improvement Loans

Varies monthly with prime

 9.00%-16.50%
Contracts for Deed

Borrower must be fee owner

 9.49%-16.99%

Questions?

Call our Lending Department at 952-933-9000 or toll free, 1-877-933-3728. 

 
Online Loan Application

Loan Insurance

Use the Ultimate Loan Calculator

 

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  Federally insured by NCUA  
to at least $100,000

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