Home Equity Loans

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Using the equity in your home is an excellent way to fund a remodeling project, consolidate your bills, finance a college education, a vacation, or any other type of major purchase. First Federal Credit Union offers repayment terms of up to 15 years and the interest you pay on the loan may be tax deductible, within IRS guidelines.

To find out whether you’re in a good borrowing position, and the maximum amount you should be able to borrow, take our First Federal Credit Union One-Minute Home Equity Loan Test. You might also want to order your Credit Report to make sure you’re in good standing. Then, call us at 319.362.3171 or 319.743.7806 or apply online today with our Quick Loan Request. We’ll get back to you right away with the answer you need.

Mortgage RatesIcon For: Mortgage Rates

30 Year Fixed
Rate
4.125%
APR
4.251
Points
.25
15 Year Fixed
Rate
3.25%
APR
3.426
Points
0
5 Year Fixed/ARM
Rate
2.875%
APR
3.185%
Points
0
10 Year Fixed/ ARM
Rate
3.625%
APR
3.893%
Points
0.00
Mortgage Loan Officer

Please call 319.362.3171 for rates and products not displayed. Rates are based on the following assumption: Loan amounts between $126,000 – $417,000. A 75% Loan-to-Value ratio. Credit Score of 720 or higher. Subject to approval.