- About Us
Everyone has wants and needs, but not always the cash on hand to meet them. Fulfilling your wants and needs can be as easy as applying for a Home Equity Product from HFCU.
Variable rates, borrow up to 90% of appraised value.
A variable rate, open end HELOC which allows you to borrow up to 90% of the appraised value. Rate is based on the loan-to-value of property and adjust with Prime Rate. Maximum line amount of $200,000. 20-year term. Payments based on 2% of monthly balance.
Refinance your first mortgage at a low rate!
Save money and time with $199 closing costs*, with our Simpli-Easy Refi you can refinance your first mortgage at a low rate with terms up to 15 years.
Requirements: Exclusive to first mortgage refinances. If the second mortgage is with HFCU, the two loans may be combined into the refinance; as long as the second is paid off and closed and there are no other mortgages.
The rate may vary depending on each individual’s credit history and underwriting factors. Subject to credit review and approval. Offer available on first lien refinances only; loan to value not to exceed 80%. Property insurance is required. Programs, rate, terms and conditions are subject to change without notice. Some restrictions apply and loan subject to credit review and approval.
Our fixed rate home equity loan is perfect for budgeting purposes.
You can count on the same monthly payment for the life of the loan. A one-time processing fee of $250 is charged unless $10,000+ of new money is advanced at the closing.
Variable rates, open end HELOC.
A variable rate, open end home equity line of credit which allows the borrower to access up to 90% of the value of their primary residence for 20-year term. Pay interest only during 10-year draw period.
*Simpli-Easy $199 Closing Cost is not considered a finance charge. The items included are: $80 Appraisal Fee; $125 Title work; $11 Flood; $22 recording fee = $238 – $39(cu pay) = $199. These fees are not considered finance charge per regulation. Equal Housing Lender