Home Equity Loans
Enhanced Home Equity Loans at Kellogg Community Federal Credit Union will help you feel more secure about your borrowing decisions and your future. As a homeowner you can use your home's equity to finance virtually anything, including home improvement projects, debt consolidation, family vacations, college tuition and much more!
Home Equity Line-of-Credit Loans
- Variable rate line-of-credit
- APR* set as low as 1/2% below prime rate
- Generous credit limits for qualified members
- No fees
- Access your funds as often as you wish for up to 10 years
- Interest only payments available
- Borrow up to 95% of your home's equity
- Interest may be tax deductible (consult with your tax advisor)
- Receive funds 3 business days after closing
- Make balance inquiries, obtain payment information, transfer loan payments or get loan advances through KCFCU's FREE Online Banking program
*APR=Annual Percentage Rate.
Home Equity Fixed-Term Loans
- Low, fixed rates with terms for 5, 7, 10 and 15 years
- Generous loan amounts for qualified members
- No fees
- Borrow up to 95% of your home's equity
- Interest may be tax deductible (consult with your tax advisor)
- Receive funds 3 business days after closing
- Make balance inquiries, obtain payment information or transfer loan payments through KCFCU's FREE Online Banking program
What information should I bring to my appointment?
- Legal description of property from deed or title insurance
- Recent appraisal and/or property tax statement disclosing SEV
- Current income verification
What is required at the closing of my loan?
- Driver's license
- Copy of homeowner's insurance policy adding KCFCU as an additional loss payee
Please see our current rates page for our up-to-date interest rates. For more information, contact the credit union at 269.968.9251 or 800.854.5421, or click below to apply today and get the low-rate decision you need in less than 60 seconds!
