A fixed rate home equity loan can be a great way to fund home improvement, higher education, debt consolidation, and other large purchases.
Take advantage of our reduced rates to save on financing your dream!
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Home Equity Loans
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Years
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Rate
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APR
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Repayment Term per Thousand
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5 year as low as
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5.50%
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5.945%
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$19.10
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10 year as low as
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5.75%
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5.987%
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$10.98
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15 year as low as
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6.00%
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6.168%
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$8.44
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- Minimum loan amount: $15,000
- Maximum loan amount: $250,000
- Maximum loan to value of 80% including first mortgage
- Other closing costs and fees will apply
- Adequate homeowner's insurance coverage is a requirement of this loan
- Based on $15,000 with $162 fees
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*Annual Percentage Rate (APR) is 5.945%. A five year $15,000 loan with an interest rate of 5.50% is reapayable in 60 monthly payments of $286.58 (principle and interest). Rates based on borrower’s credit history and type of property financed. Rates may change at any time without notice. This program is for 1-4 family, owner occupied properties. Minimum loan amount is $15,000, maximum loan amount is $250,000, and maximum loan to value is 80% including the first mortgage balance. Other rates, terms and products available. No refinancing of current RFCU loans is allowed. Other closing costs and fees will apply. Adequate homeowner’s insurance coverage is required. RFCU may require escrow for property taxes and if applicable flood insurance. Must be a Riverbank FCU member with a minimum balance of $25 in your primary shares account. Membership is open to anyone who lives, works, worships or goes to school in Hartford County and their immediate family members. Riverbank Federal Credit Union reserves the right to discontinue the program at any time without notice. Mortgage approvals based on credit, LTV and loan purpose. RFCU NMLS #407914