Home Equity Loan and HELOC
Your home is more than a place to live — it's a financial asset you can draw on when it matters most. A home equity loan or home equity line of credit (HELOC) lets you borrow against the value you've already built in your home, turning it into funds for the things that matter: renovations, debt consolidation, education costs, or a major purchase.
Home Equity Line of Credit Special
Holiday shopping, travel, and seasonal costs don't have to come with a high interest rate. With SharePoint Credit Union HELOC, leverage your home's equity with special introductory rate of 3.99% APR* for 12 months thereafter a variable rate of 7.00% APR* currently. Pay off high-interest debt and consolidate into one manageable payment. Have Questions? Our Team Is Here to Help. Contact Us Today!
Home Equity
- Fixed Rate
- Popular for fixed cost projects
- Lump sum of money for immediate use
- Fixed interest rate, equal monthly payments
Home Equity Line of Credit
- Variable rate
- Payments vary, base on amount borrowed
- Access funds as needed
- Convenient for ongoing access or for emergencies
Questions? Let us know how we can help!
*APR = Annual Percentage Rate. To view full details, click here. Introductory offer valid for new HELOCs only. Promotional rates available for HELOC’s under 80% Loan-To-Value. Promotional rate will be 3.99% for first 12 months and change to a variable rate thereafter to the effective Wall Street Journal Prime Rate, currently 7.00% APR. A HELOC will never go below 4.00% APR and will not exceed 18.00% APR and will never exceed the highest allowable rate for this type of agreement as determined by applicable state or federal law. A HELOC has a seven-year draw period with a ten-year repayment period. Property must be the primary residence. Home Equity Line of Credit loans may only be written for homes in MN and WI. Closing costs will vary based on loan amount, appraisal requirement, geographic location, and title examination findings. For loan amounts of $25,000 to $150,000, costs will typically range from $365 to $1250 including an appraisal if one is required. Property insurance required for Home Equity Lines of Credit. Subject to credit approval and require income verification. Rates and terms are subject to change. NMLS# 527701. Equal Housing Opportunity Lender. Contact a SharePoint Credit Union Representative for details. Must be eligible for membership. Must apply by 1/31/27 and close within 60 days of application.Click here to read the Home Equity Early Disclosure
NMLS# 527701. Equal Housing Opportunity Lender. Contact a SharePoint Credit Union Representative for details.
Highlights
Make Repairs, Upgrades or Additions
Finance Large Purchases
Competitive Rates
Flexible Terms
