Find yourself dreaming of a sparkling top-of-the-line kitchen, awe-inspiring man cave, or a lavish master bathroom that rivals the finest luxury spas? We’ll help you bring your vision to life with our exceptional Home Equity Loan or Line of Credit2 options, featuring:
- Ability to borrow up to 95% of your home’s value3 at rates as low as 5.068% APR5
- Extremely affordable payment terms up to 20 years
- No penalties or fees
- Our team of professionals available to assist you at every turn
Score a $100 Lafayette Federal Mastercard® Gift Card when you open a Home Equity Loan or Line of Credit!1
Stop dreaming and start doing.
Use promo code HELOC2019 upon application.
1Offer valid through December 31, 2019. The $100 Lafayette Federal Mastercard® gift card will be disbursed following settlement. Must mention the offer to your loan officer in order to receive it. Lafayette Federal reserves the right to cancel the promotion at any time without prior notice. 2A Home Equity Loan or Line of Credit allows you to use your home equity as collateral for a loan. Fixed rate home equity loan is 4.875%, 5.068% APR5 based on LFCU Cost of Funds Index. Lowest rate for LFCU HELOC is 5.50%, 5.698% APR5, maximum rate is 18.00%, 18.330% APR5. HELOC rates based on WSJ prime index. 3Appraised value minus first mortgage balance. If you’re paying off an existing real estate loan other than an LFCU loan, the Credit Union does not cover costs imposed by other lenders, if any. Must be eligible for membership. $50 minimum balance required to open and earn 0.10% APY4 on LFCU share savings account balances. $5 minimum balance required to open and earn 3.03% APY4 on LFCU checking account balances up to $3,000 and 0.025% APY4 on checking balances over $3,000. Please visit LFCU.ORG/BIG3 for full checking account requirements. 4APY=Annual Percentage Yield. 5APR = Annual Percentage Rate. Rates and terms subject to change without notice. Loan approval subject to credit evaluation. May not be combined with other offers. Offer excludes current LFCU HELOCs and Home Equity Loans. Rates current as of May 3, 2019 and subject to change without notice. Contact a Lafayette Federal representative for loan details and restrictions. Your savings are federally insured to at least $250,000 by the National Credit Union Administration, an agency of the U.S. government. NMLS #464425