Home Equity Loans

Home Equity Loan
Terms
Loan Amount
Looking to put that addition onto your home, or sending your student to college? Whatever the case, Indianhead Credit Union has great home equity loans to suit your need. Using the value of your home, you can borrow against it to get you a lower rate and better terms. Use the money for whatever you would like.
Up to 20 years ( if using a home equity to take over first position on deed)
Financing up to 90% appraised value of home

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R.E.A.P®
Terms
Loan Amount
Real-Estate Equity Advance Plan (R.E.A.P) is different than a home equity loan because it is a line of credit. A line of credit, doesn’t have a set borrowed amount. Instead, it has a limit that you can borrow up to, similar to a credit card. ®®®A
5 years
Can borrow up to 80% of the value of the home

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