GFA Federal Credit Union

Fixed Home Equity Loan

 

It's your house...it's your money...use it how you want with a Home Equity Loan.

Make those home renovations a reality with a Home Equity Loan from GFA. Receive one lump sum that can be used one time using your home's equity. This is ideal for a single large purchase. Winterize your home with new windows, a new furnace or consolidate your debt. 

Apply for a Home Equity Loan

Home Equity Loan Features

  • 5-years fixed - 6.49% APR*
  • Fixed interest rate
  • Use the funds for:
    • Major home project
    • Large expenses
    • Student loans
  • No closing cost**

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*6.49% Annual Percentage Rate (APR) is effective as of 05/16/24. Term is up to 60 months. Rates listed are for this product only and are subject to change at any time. Rates and terms for other types of loans will differ. Subject to credit approval. Up to 80% LTV financing available. Payment example: $19.56 monthly payment is based on a $1,000.00 loan. There is no application fee. Payment does not include taxes and insurance; actual payments may be greater. Early close out fee may apply. Home owners insurance may be required. Rates advertised reflect a 0.25% discount for automatic payments. Membership to GFA Credit Union requires a $10 balance in a savings or checking account.

**If the Home Equity Loan is paid back before the three year period, a closing cost fee will be imposed.

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