Home Equity Loans

Many members already have a great rate on their 1st Mortgage but may need money to put on a new roof, remodel, or to consolidate debt. Home Equity Loans are perfect for this!

A Home Equity Line of Credit allows you to borrow against the equity in your home. The rate is variable based on the prime rate. This line of credit can be accessed as you need it and you can pay the loan off as quickly as you’d like or you can keep your payments as low as “interest only.”

Blueprints of a house under construction.
Blueprints of a house under construction.

Home Equity/2nd Mortgage Rates

Home Equity Loans (5/10/15 yrs)80% LTV90% LTV
730+7.24% / 7.74% / 8.24%8.24% / 8.74% / 9.24%
700+7.74% / 8.24% / 8.74%8.74% / 9.24% / 9.74%
670+8.24% / 8.74% / 9.24%9.24% / 9.74% / 10.24%
640+9.24% / 9.74% / 10.24%10.24% / 10.74% / 11.24%
600+11.24% / 11.74% / 12.24%NA% / NA% / NA%
550+14.24% / 14.74% / 15.74%NA% / NA / NA
549 or less16.24% / 16.74% / 17.24%NA / NA / NA
---------------------------------------------------
Home Equity Lineto 80% LTVto 90% LTV
730+8.50%9.50%
700+8.50%9.50%
670+9.00%10.00%
640+9.50%10.50%
600+10.50%NA
550+11.50%NA
549 or less12.50%NA

Rates current as of:

April 16, 2024

* Annual Percentage Rate. Rates and terms are based on creditworthiness, loan-to-value (LTV), occupancy, loan purpose and loan amount, so your rate and terms may differ. Up to 90% LTV financing is available on single family detached residences, and it is based on credit worthiness. All rates and terms quoted apply to properties that are occupied by the borrower.

Home Equity Lines – Fees, generally ranging from $50 to $1000 may be incurred depending on loan amount and loan-to-value (LTV). Maximum APR on variable rate is 18%.

Other rates & terms available, call for details.

Mortgage Calculator

Mortgage Calculator

Mortgage Details

$.00
$.00
%

$
%
20years
1years30years

$

Online Banking Login


Forgot Password

You are leaving our site...

This link will transfer you to a site operated by one of our associates. This site is not operated by Hercules Credit Union and may have different privacy and security policies. If you choose to continue please review their policies once you arrive. Hercules Credit Union cannot be responsible for the content or activity of this site.

Would you like to continue?

You are leaving our site...

This link will transfer you to a site operated by one of our associates. This site is not operated by Hercules Credit Union and may have different privacy and security policies. If you choose to continue please review their policies once you arrive. Hercules Credit Union cannot be responsible for the content or activity of this site.

Would you like to continue?

You are leaving our site...

This link will transfer you to a site operated by one of our associates. This site is not operated by Hercules Credit Union and may have different privacy and security policies. If you choose to continue please review their policies once you arrive. Hercules Credit Union cannot be responsible for the content or activity of this site.

Would you like to continue?

You are leaving our site...

This link will transfer you to a site operated by one of our associates. This site is not operated by Hercules Credit Union and may have different privacy and security policies. If you choose to continue please review their policies once you arrive. Hercules Credit Union cannot be responsible for the content or activity of this site.

Would you like to continue?

You are leaving our site...

This link will transfer you to a site operated by one of our associates. This site is not operated by Hercules Credit Union and may have different privacy and security policies. If you choose to continue please review their policies once you arrive. Hercules Credit Union cannot be responsible for the content or activity of this site.

Would you like to continue?