Home Equity Loan
Achieving your dreams has never been easier!
Using your home's equity to secure a loan is one of the most powerful ways to borrow. Your home's equity can finance big ticket expenses. It's ideal for projects large and small. Use the equity in your home to make those special purchases, home improvements, a dream vacation, a new car, paying for a wedding or college expense, debt consolidation...you decide. You'll have additional money on hand without disturbing your savings or other investments.
Home Equity Loan
Great for larger borrowing needs. You receive the funds in a lump sum.
Home Equity Line of Credit:
- No application fees!
- Finance Term: 3-year, 6-year or 10-year fixed rate balloon loans; up to 30 year amortization. Refinancing options available when balloon loan is due
- Monthly Payment: Flexible payment to fit your budget
- Owner occupied 1 or 2- family or second vacation home
Choose from two different options to give you access to money when you need it with interest rates as low as prime minus one and no loan advance fees.
- Home Equity Line with Credit Card Access
Have easy access to your funds with a Platinum Visa Credit Card. Enjoy no fees from Community First for cash advances through our lobbies and ATMs. (Other financials may charge fees)
- Minimum Payment Amount: Interest only payments
- Home Equity Line
Apply only once. No need to re-apply when you make a new purchase. Funds available by telephone and Online Banking transfers into your account or stop in at any branch.
- Minimum Payment Amount: 1 1/2% of principal
- Late fee: 5% of the current scheduled payment due
- Enjoy great rates and low closing costs
- Choose from 1-year, 3-year, or 5-year finance terms with amortization up to 30 years
- The interest you pay on your home equity loan for your car may be tax deductible! Consult your tax advisor for further information
- Pay off your loan faster with weekly or bi-weekly payments. Talk to a member service representative to learn more.
- Quick turn around time
- Interest rate depends on loan to value, credit score and account relationship
- No escrow account required
- Low, competitive closing costs
- 1% loan discount with active checking account, direct deposit and automatic payment
- No pre-payment penalties if you pay your loan off early
- Loan payment protection including - life, disability, unemployment and family leave
For additional information, to schedule an appointment or to begin your application please contact us today!
By phone: Contact our Call Center
920-830-7200 in the Fox Cities; toll free 866-273-2328
Monday - Friday 7 am - 6 pm and Saturday 7 am - 1 pm
In person at any of our convenient branch locations