|Loan Type||Rate||Points||APR*||Example Loan||Estimated Monthly Payment|
|5 Year Fixed Rate||4.250%||0.000%||4.333%||$50,000||$926.48|
|10 Year Fixed Rate||4.500%||0.000%||4.546%||$50,000||$518.19|
|15 Year Fixed Rate||4.750%||0.000%||4.784%||$50,000||$388.92|
|20 Year Fixed Rate||5.000%||0.000%||5.028%||$50,000||$329.98|
Upgrade Your Home
Looking to remodel your kitchen? Put on an addition? Refresh your landscaping? WECU's home equity loans and HELOCs are here to help.
Buy Something Big
Getting ready for a wedding? Or that first (or final) college tuition payment? WECU's home equity loans and HELOCs can help!
Consolidate Your Debt
Stressed out with credit card debt? Swamped with Student loans? WECU’s home equity loans and HELOC’s can help!
Fixed rate home equity loans can help fund or finance a specific project or purchase.
A home equity line of credit (HELOC) affords homeowners the flexibility and freedom to borrow funds over time as needed.
The information provided on this page is for comparative purposes only. Rates and terms may change at any time and without prior notice. Your actual rate, payment, terms and costs could be different. Get an official Loan Estimate before choosing a loan. Your rate, fees, and terms may differ based on when your rate is locked, actual occupancy status, loan purpose, loan amount, credit score, debt to income ratio, loan to value ratio, etc. The payment examples do not include mortgage insurance. The actual payment will be higher if mortgage insurance is required on your loan. The payment examples do not include amounts for taxes and insurance premiums. Your actual payment obligation will be greater considering taxes and insurance premiums.
For current pricing on Multi-Unit (2-4 family) properties or Single-wide/Manufactured Homes in a park, contact one of our Team Members at 800-525-8703 x7390 or through our Team page.
Interest rates, annual percentage rate, and points shown are subject to change without notice. Rates assume an owner-occupied single family refinance with a maximum loan-to-value (LTV) or combined loan-to-value (CLTV) of 80% or less. Payments are principal and interest only and do not include amounts for taxes and insurance premiums. Actual payment may vary based on your specific situation. An initial borrower deposit may be required if an escrow account for taxes and insurance is established. All home lending products, including mortgage, home equity loans and home equity lines of credit, are subject to credit and collateral approval. Hazard insurance and, if applicable, flood insurance is required. Other conditions and restrictions may apply. Effective 2/2022.
WECU’s Home Equity Lines of Credit (HELOC) are variable rate revolving loans secured by your home. The rate is based on the Wall Street Journal prime rate with a floor of 4.000% APR and a ceiling of 18.00% APR. 10 days prior to the end of each quarter, the rate is reviewed and updated effective at the beginning of the next quarter.
All terms, including fees and the APRs for new transactions may change after account opening in accordance with the agreement and applicable law. We do not charge annual maintenance fees. The line has a 10-year draw period followed by a 10-year repayment period. All loans are subject to approval.