Home Improvement/Equity Loans
Home Improvement Loans
With a Home Improvement Loan from ICCU, you can get your home projects completed with a simple monthly payment that fits into your budget.
Home Equity Loans
With a bit of creativity and a loan from ICCU, you can make your home into your dream home.
Talk to us to make your home as unique as you are!
Effective Date: October 1, 2024
| Loan Type/Details | APR* |
|---|---|
| 5-Year Fixed | as low as 6.75% APR |
| 7-Year Fixed | as low as 7.00% APR |
| 10-Year Fixed | as low as 7.25% APR |
| 15-Year Fixed | as low as 7.75% APR |
Home Equity Line of Credit
If you are looking to finance smaller projects around your home, the Home Equity Line of Credit is perfect for you! You control your monthly payment based on how much you spend.
Effective Date: October 1, 2024
| Loan Type/Details | APR* |
|---|---|
| PRIME + 0% | 8.00% APR Variable |
| Based on Prime Rate with a floor of 3.00% and ceiling of 18.00%. Changes on the 1st of each month. Payments based on $1.75 per $100.00 borrowed at the time of each advance. Credit limits based on SEV or appraised value. | |
Home Equity Preferred Line of Credit
The Home Equity Preferred Line of Credit is the perfect solution for larger home projects, if you have a large amount of equity in your home.
Variable rate line-of-credit (subject to change monthly)
Longer payment terms for higher lines of credit
Monthly payment is tiered, based on the outstanding monthly balance
Effective Date: October 1, 2024
| Loan Type/Details | APR* |
|---|---|
| PRIME + 0% | 8.00% APR Variable |
| Based on Prime Rate with a floor of 3.00% and ceiling of 15.00%. Changes on the 1st of each month. Payments based on a 60 to 240 month tier, determined by the line of credit amount and outstanding balance at the time of each advance. | |
Home Equity Credit Card
Use the equity in your home for your loan and get the convenience of a credit card. With credit lines of up to $100,000 available, you can consolidate higher rate bills, buy a car, make a major purchase, or put your kids through college!
Effective Date: August 1, 2024
| Loan Type/Details | APR* |
|---|---|
| PRIME + 0% | 8.50% APR Variable |
| Changes quarterly on the 1st of Feb, May, Aug, and Nov.. Based on Prime Rate with a floor of 3.00% and ceiling of 18.00%. | |
Sallie Mae Student Loans
We encourage students and families to start with savings, grants, scholarships, and federal student loans to pay for college. Students and families should evaluate all anticipated monthly loan payments, and how much the student expects to earn in the future, before considering a private student loan. However, if you are looking for a private student loan options, check them out below.
Home Equity Rates
| Loan Type/Details | APR* |
|---|---|
| 5-Year Fixed | as low as 6.75% APR |
| 7-Year Fixed | as low as 7.00% APR |
| 10-Year Fixed | as low as 7.25% APR |
| 15-Year Fixed | as low as 7.75% APR |
| Loan Type/Details | APR* |
|---|---|
| PRIME + 0% | 8.50% APR Variable |
| Changes quarterly on the 1st of Feb, May, Aug, and Nov.. Based on Prime Rate with a floor of 3.00% and ceiling of 18.00%. | |
| Loan Type/Details | APR* |
|---|---|
| PRIME + 0% | 8.00% APR Variable |
| Based on Prime Rate with a floor of 3.00% and ceiling of 18.00%. Changes on the 1st of each month. Payments based on $1.75 per $100.00 borrowed at the time of each advance. | |
| Loan Type/Details | APR* |
|---|---|
| PRIME + 0% | 8.00% APR Variable |
| Based on Prime Rate with a floor of 3.00% and ceiling of 15.00%. Changes on the 1st of each month. Payments based on a 60 to 240 month tier, determined by the line of credit amount and outstanding balance at the time of each advance. | |