Rates

Home Equity & Home Improvement

These rates are effective December 1, 2022.

Apply for a Home Equity Loan

Schedule an appointment with one of our loan experts, or learn more about home equity loans.

Home Equity Fixed

Name APR as low as* Loyalty APR as low as° Payment*
5 Year (60 mos.) Fixed Home Equity 6.50% 6.25% $486
10 & Done 6.74% 6.49% $283
10 Year (120 mos.) Fixed Home Equity 7.00% 6.75% $287
15 Year (180 mos.) Fixed Home Equity 7.50% 7.25% $228
20 Year (240 mos.) Fixed Home Equity 8.00% 7.75% $205

Monthly payment example based on loan amount of $25,000.
Apply for a Home Equity

Home Equity Line of Credit (HELOC)

Lines of credit have a 25-year term with a fixed rate for the first 5 or 10 years and a variable rate after.

Name APR as low as* Loyalty APR as low as°
5 Year (60 mos.) Fixed Home Equity (Line of Credit) 6.50% 6.25%
10 Year (120 mos.) Fixed Home Equity (Line of Credit) 7.00% 6.75%

Maximum APR is 21%. Add 1.0-2.5% to interest rate for loans with loan-to-value ratio over 80%. The required minimum payment of $50 or 1% of loan balance, whichever is greater, may not reduce principal. For a $25,000 Home Equity Line of Credit balance at 6.25% APR, the monthly payment will be $250.
Apply for a HELOC

Home Improvement Loans

Secured with your home

Finance up to 133% of your home's value, up to $250,000.

Name APR as low as* Loyalty APR as low as° Payment*
5 Year (60 mos.) 8.25% 8.00% $506
10 Year (120 mos.) 8.75% 8.50% $310
15 Year (180 mos.) 9.00% 8.75% $249

Unsecured

Borrow up to $25,000 with terms between 5 and 15 years based on your credit rating

Level I ($2,000 - $10,000) APR as low as* Loyalty APR as low as° Payment*
5 Year (60 mos.) 8.50% 8.25% $509
10 Year (120 mos.) 9.00% 8.75% $313
Level II ($10,001 - $25,000) APR as low as* Loyalty APR as low as° Payment*
5 Year (60 mos.) 8.00% 7.75% $503
10 Year (120 mos.) 8.50% 8.25% $306
15 Year (180 mos.) 9.00% 8.75% $249

Monthly payment example based on loan amount of $25,000. 
Apply for a Home Improvement Loan

* APR = Annual Percentage Rate. Rates, terms and conditions subject to change and may vary based on qualifications including creditworthiness, loan-to-value ratio and collateral conditions. All loans subject to approval.

° Includes Loyalty Program discount of 0.25% APR when enrolled in eDocs and while maintaining direct deposit of net income to Veridian or, if unavailable, a minimum of 10 qualifying checking account transactions per month. Borrowers will lose discount if they fail to meet Loyalty Program qualifications during loan term. See Veridian for details.

Payment example does not include taxes or insurance. Loan must be in first lien position.

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