Home Equity Loan
Financing Options Worth Hammering Home
Borrowing from the equity in your home is a great way to help keep your costs down. Complete a large project around the house or consolidate debt into a fixed payment each month.1
As low as 5.625% APR1,2 for 60 Months
- Minimum Loan Amount $25,000
- Loan terms up to 240 Months (20 Years)
- 80% and 100% loan to value options3
Upgrade Your Home, the Workers Way
Whether you’re painting a room, replacing windows or installing a pool, home projects are exciting, and we want to share your vision! Before you start, meet with a Workers Wayᵀᴹ Financial coach who will help create a customized plan to reach your home improvement goals.
Convenient Online Payments
Pay your loan anytime from your online banking account or through the mobile app.4
Home Equity Loans - 100% Financing
Apply Now| Term |
APR* |
Payment per $1,000 | Based On |
|---|---|---|---|
| Up to 60 Months | 6.625% | $19.62 | 60 Months |
| Up to 120 Months | 6.875% | $11.55 | 120 Months |
| Up to 180 Months | 7.125% | $9.06 | 180 Months |
| Up to 240 Months | 7.375% | $7.98 | 240 Months |
Home Equity Loans - 80% Financing
Apply Now| Term |
APR* |
Payment per $1,000 | Based On |
|---|---|---|---|
| Up to 60 Months | 5.625% | $19.16 | 60 Months |
| Up to 120 Months | 5.875% | $11.04 | 120 Months |
| Up to 180 Months | 6.125% | $8.51 | 180 Months |
| Up to 240 Months | 6.375% | $7.38 | 240 Months |
1Subject to credit underwriting and approval. Loan amount may vary based upon credit approval. Visit our rates page for all available rates and terms. Rates effective as of 8/18/2021 and subject to change at any time. Offers may be withdrawn at any time. Workers Federal Credit Union membership required. APR=Annual Percentage Rate. Includes a 0.50% discount for electronic payments from a Workers Checking Account.
2The Annual Percentage Rate (APR) on a home equity loan is as low as 4.24% APR for Up to 60 Months. The monthly payment per $1,000 borrowed is $18.53. Taxes and insurance not included. Actual payment obligation may be greater. Early termination fee applies. Required down payment as low as 0-20%.
3Maximum combined loan to value is 80% or 100% for owner-occupied primary residence. Investment properties are not eligible. Homeowner’s insurance is required. Minimum loan amount is $25,000.
4Text, data, and messaging rates apply for downloading/utilizing the app and text alerts.