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YOU ARE HERE: Home » Rates » Value Plus Home Equity Fixed Rate Loan

Value Plus Home Equity Fixed Rate Loan

 Value Plus Home Equity Loan (Second Mortgage)
80% TLTV* Rate
81% - 90% TLTV* Rate Closing Cost
5 Years
As low as 3.99% APR**
As low as 4.99% APR** $0^
10 Years
As low as 4.75% APR **
As low as 5.50% APR** $0^
15 Years
As low as 5.50% APR **
As low as 6.99% APR** $0^

  Loan Example for Value Plus Home Equity Loan
Monthly Payment
  $20,000 for 60 months:
  $25,000 for 120 months:
  $30,000 for 180 months:

*TLTV = Total Loan To Value, Maximum TLTV and loan amount based on applicants credit history.
**APR = Annual Percentage Rate
^For loan amounts $20,000 or greater, IU Credit Union pays all closing costs. For loan amounts less than $20,000, a $150 fee will be applied to the loan and paid by the borrower. All closing cost for investment property loans or primary residence second mortgage loans closed at a title company will be paid by the borrower.

•   Rates are subject to change at any time. Each individual's APR is based on the applicant's credit history. Not all applicants will qualify for the lowest rate.
•   Property insurance is required.
•   The Value Plus Home Equity Loan can be used for an investment property by adding 2% to the qualifying advertised rate. The maximum LTV is 70% and closing costs may be financed. Other restrictions apply.

  Calculate Payments

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