Band Title
Band Subtitle
Home Equity
Put the equity in your home to work
If you have equity in your home, you can put it to work for you, using it for nearly any purpose. Such as: remodeling your bathroom or kitchen, installing solar panels, taking your dream vacation, consolidating your debt, and even making payments on education expenses.
Let’s get started
Already a member? Log in to Online Banking to apply for a loan.
Home Equity Loan
Paying too much for your mortgage? Refinance your home and save your hard-earned money with a home equity loan. Now’s your chance to take advantage of interest rates as low as 6.73% APR1 and put your home’s equity to good use.*
Start items on your to-do list with a loan that’s just right for you. All our Home Equity Loans come with a low, fixed interest rate and flexible terms, for up to 20 years! You won’t have to wait to start any of your projects or make tuition payments because you get all your funds up front, along with easy-to-manage monthly payments.
Primeline Home Equity Line of Credit
Take the first step to reaching your goals by opening a line of credit with low, variable rate and low interest payment options. With this loan option, you can use, reuse, and pay off your balance as often as you like throughout the life of your loan, just like a credit card. Making this the perfect option for members who need a constant supply of cash to cross items off their to-do lists.
When to use a Home Equity Loan vs a Home Equity Line of Credit
A Home Equity Loan works best for a one-time purchase or a purchase with a set-price. You can apply for the exact amount you need, which is provided in the form of a lump sum with a fixed repayment period.
A Home Equity Line of Credit works best for ongoing projects where the price may fluctuate. This loan offers ongoing access to funds, much like a credit card, and you only have to pay interest on what you use.
Both loans give you access to funds for a specific need, such as covering emergency expenses, tuition payments, debt consolidation and more, but it’s important to consider your goals before applying a loan.
*Property must be located in the states of Oregon, Washington or Idaho.
1. APR= Annual Percentage Rate. Rate quoted valid for first lien loans only. Available in Oregon, Washington & Idaho. Minimum loan amount is $5,000. Maximum loan amount is $600,000. Home equity loans over $400,000 are subject to additional appraisal fees. Maximum loan-to-value is 80%. Rate will vary depending on term, loan-to-value and credit qualifications. A sample loan payment on a $50,000 First Mortgage Home Equity Loan at a rate of 6.45% with a corresponding APR of 6.73% for 10-years would be $566.36. A sample loan payment on a $50,000 First Mortgage Home Equity Loan at a rate of 6.60% with a corresponding APR of 6.80% for 15 years would be $438.22. A sample loan payment on a $50,000 First Mortgage Home Equity Loan at a rate of 6.85% with a corresponding APR of 7.01% for 20 years would be $383.08. Payments do not include amounts for taxes and insurance premiums, if applicable; actual payment obligation will be greater. Closing costs range from $350 – $3,000, depending on loan amount, loan position and appraisal costs. Underwriting approval required. Payment approximation does not include taxes or insurance.
Other terms and conditions apply. Rates posted are indications only and are subject to change without notice. Connect with us for complete details.
Zone Title
Zone Subtitle
Feature Wrap Title
Feature Wrap Subtitle
