Home Equity
Home Equity
Get a Home Equity Loan Today!
Home Equity Line of Credit  *APR=Annual Percentage Rate. After 1-yr rate lock, rate follows prime rate (in The Wall Street Journal currently 5.00%) for 80% loan to value or less. Maximum APR 18.00%. Add 1% to prime for 80.01-90% (LTV) after 1-year rate lock. Loans subject to approval; rate based on creditworthiness. No closing costs unless appraisal required. Rates subject to change. $5,000 minimum on new HELOCs and $5,000 new money required on existing HELOC. Homeowner’s insurance is required. Consult a tax advisor for deductibility. Some restrictions apply.

Use the Equity in Your Home to Make Improvements

Did you know home prices in our area have been steadily rising? As home prices rise, the difference between what you owe and what your home is worth expands creating more equity. You can use this equity to provide a low-cost loan to fund your dreams including home improvement, a new car, college funding and more!

Call a Winnebago Community lender now to learn more and determine how much equity is currently in your home!

                        Apply for a Home Equity Loan! 
Open a Home Equity Line of Credit today!
Rates as low as 1.99% APR intro rate for 12-months!
As-low-as Prime after. Currently 5.00% APR

  • Save Money with a low locked in rate and low monthly payments
  • Save Time with a quick application and approval process
  • NO closing cost
  • Peace of Mind with our payment protection options
  • Use the funds for home remodeling, buy a car, or take a vacation...you decide!
  • Minimum monthly payment the greater of $50 or 1% of balance at last advance. Example: on a $10,000 balance minimum monthly payment is $100.
Home Equity Closed End Loan

You can borrow up to 90% of your home's value minus any current mortgage debt.
The interest may be 100% tax deductible and this loan is available even if your 1st
mortgage is not at the Credit Union. You can borrow for any purpose such as to
purchase a car, boat or camper, home improvements, vacation or consolidate bills.

Home Equity Line of Credit
This type of loan is similar to a home equity loan with these additional features.
You have to apply only once and you can use the line of credit now or in the future.
You will receive free checks, so just write out a check for that new car etc, the
check will automatically create a loan. (The minimum check amount is $500)
Use as often as needed. The monthly payment is only 1.5% of the outstanding balance.
Please call a mortgage specialist with any questions.