Lowest Available Rates
|Fixed Rate||APR**||Loan Amount||Monthly Payment|
Benefits of a Home Equity Loan
Quick & Easy Application ProcessMost Home Equity Loans can be processed entirely online in just minutes and do not require a home appraisal.
Flexibility of UseUse the funds from your Home Equity Loan for home renovations or repairs, college tuition, consolidating debt, vacations, and more – you decide!
Fixed Rate & PaymentsYour interest rate and monthly payment amount will not change over the course of your Home Equity Loan, making budgeting a breeze.
Personal Attention & First-Class ServiceWithin 24 hours of applying, a personal lender will reach out to get the process started and will be available to chat whenever you have questions. To speak with a personal lender with Home Equity Loan expertise today, book an appointment.
“When my kitchen flooded, I needed funds to repair the damage – and fast! The process couldn’t have been easier with Connexus. I filled out the application online, the appraisal was completed online, and I had my funds within ten days of applying.”
FAQs: You Asked. We Answered.
Yes. Please use promo code EQUITY to receive this limited-time promotional rate.
Yes, there are closing costs. They include appraisal fees, title fees, and recording fees, all of which vary by state and county. Your closing costs can either be paid at closing or simply deducted from your initial loan amount. For example, for a Home Equity Loan of $20,000 with closing costs of $500, the final loan amount you would receive would be $19,500.
No, it will not. Our Home Equity Fixed Installment Loan comes with a fixed rate that will not change over the term of the loan. Likewise, your monthly payments will remain the same.
The timing depends on two main factors: how quickly the appraisal is completed and how expediently paperwork is returned. Processing a standard Home Equity Loan can take 10 to 45 days from application to funding.
See our Fee Schedule for a list of fees you may encounter.
**APR = Annual Percentage Rate.
Advertised rate reflects all available discounts and is current as of 11/9/2020. Rate is fixed for the term of the loan. The APR is calculated based upon typical finance charges and closing costs.
1Borrow $25,000 at 3.49% APR for 5 years and make monthly payments of $454.68. Minimum loan amount $5,000.
2Borrow $40,000 at 4.24% APR for 10 years and make monthly payments of $409.56. Minimum loan amount $10,000.
3Borrow $50,000 at 4.74% APR for 15 years and make monthly payments of $388.66. Minimum loan amount $20,000.
4Borrow $75,000 at 5.74% APR for 20 years and make monthly payments of $526.13. Minimum loan amount $25,000. Rates and terms are subject to change. Loan is subject to credit approval and actual rate is based on applicant’s credit history and terms of the loan. Credit Union membership required. Separate payment of taxes and insurance may be necessary. Depending on loan terms and property location, borrower paid closing costs can range from $175 to $2,000. Product not available in Maryland, Texas, Hawaii, and Alaska.
5To qualify for the lowest available rate of 3.49% enter promotion code EQUITY between 11/9/2020 and 12/28/20. Advertised rate includes all eligible discounts and is the lowest rate available. Individual rates and terms may vary based on credit requirements. Borrow $25,000 at 3.49% APR for 5 years and make monthly payments of $454.68. Minimum loan amount $10,000. Rates and terms are subject to change. Loan is subject to credit approval and actual rate is based on applicant’s credit history and terms of the loan. Credit Union membership required.