Rates current as of January 1, 2020
Fixed term and fixed rate
With a home equity loan you can count on a fixed term and a fixed interest rate because you receive the entire loan amount at one time and then pay it back is equal monthly payments.
Put the equity in your home to work for you to finance home improvements, consolidate bills or even college. details.
- Competitive, fixed rate
- Loan terms of 2-20 years
- Up to 85% loan-to-value
- Lump sum disbursement
How to get started
Give us a call, stop by any branch or apply online today.
Current Rates
Home Equity Loans
| Loan-to-Value | APR* | Min. Amount | Term |
|---|---|---|---|
| 80% | 5.99% | $10,000 | 2-15 yrs. |
| 85% | 6.49% | $10,000 | 2-15 yrs. |
*APR = Annual Percentage Rate. Quoted rates reflect the lowest rate available. Your individual loan rate will be based on your personal financial situation and previous credit performance. Certain conditions and restrictions apply. Rate subject to change without notice. Other loans are available. Call (480) 756-5500 for more information.
Secure and Fair Enforcement for Mortgage Lending Act of 2008 or the "SAFE Act"
On July 28, 2010 the National Credit Union Association (NCUA) and other Federal Agencies published a final rule to implement the federal registration requirements of the Secure and Fair Enforcement for Mortgage Licensing Act of 2008 (S.A.F.E. Act). The registration requirements apply to all employees acting in the capacity of a Mortgage Loan Originator (MLO). The S.A.F.E. Act requires all MLO's to register with the Nationwide Mortgage Licensing System and Registry (NMLS). Once registered, each MLO is provided a Unique Identifier from the NMLS. An MLO must provide this Unique Identifier to each mortgage loan applicant upon request and prior to the employee acting as an MLO.
Click here for a list of MLO employed by First Credit Union. For more information about the registry, please visit the NMLS.
