Image Of Model House In Hands For Home Equity Loan Company - Community Choice Credit Union


Low rates on a home equity loan or home equity line of credit

For a limited time, Community Choice is waiving up to $500Φ in fees and closing costs on any home equity loan or home equity line of credit.
  • Variety of terms available so you can make home improvements, consolidate debt or pay for unplanned expenses.
  • Ready to retire your mortgage? Use a low-rate home equity loan to pay off your mortgage balance. 
  • Your interest may be tax deductible.*
Home Equity Loan Rates APR** As Low As
5-year Home Equity 1 4.99%
10-year Home Equity 2 4.99%
15-year Home Equity 3 5.99%

Actual rate based on loan to value of collateral and credit worthiness.

Apply now

Apply for a loan online, visit your nearest member center or call us at 877.243.2528. 

Home Equity Line of Credit APR** As Low As
Home equity line of credit with no annual fee, origination fee or pre-payment penalties. Variable Rate as low as 4.25%
Combined Loan to Value up to 80%

Variable rate is subject to change monthly, based on the Prime Rate and margin. Maximum annual percentage rate is 18.00%. Other terms and conditions may apply, speak to a Personal Advisor for full details.


Apply for a loan online, visit your nearest member center or call us at 877.243.2528. 

 
Effective 11/1/15

φCommunity Choice will apply up to $500 off closing costs and fees on any home equity loan or home equity line of credit. This is a limited time offer and is subject to change at any time. Investment properties are excluded. Mortgaged property must be located in Michigan. Rate offered will be based on applicant’s credit history and worthiness, term and amount financed and loan-to-value of collateral. Member must have sufficient income to cover debt. Minimum loan amount = $5,000. Offer not valid on refinancing of existing Community Choice Credit Union loans. Other terms and conditions may apply. Contact us for more information.
 
*Consult a tax advisor. 

**Rates subject to change without notice and are for informational purposes only. For details or latest rate information, contact a credit union representative.All rates are disclosed as Annual Percentage Rates. Your rate will be based on your credit history, approximate term, and security offered. A loan officer will let you know the rate you qualify for after reviewing your application documents. Rates are subject to change at any time. 
1 60 monthly payments of 18,88 per $1,000 borrowed.
2 120 monthly payments of $10.61 per $1,000 borrowed. 
3 180 monthly payments of $8.44 per $1,000 borrowed.