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Campbell Employees FCU Home Equity Loans provide a great way to pay for those major expenses and purchases such as college education, home improvements, medical bills, debt consolidation, etc. This loan offers a very low rate because it is secured by the equity built up in your home, and in many cases the interest may be tax deductible. Consult your tax advisor regarding the deductibility of interest.
At Campbell Employees FCU we offer members the option of a Variable Rate or Fixed Rate Home Equity Loan, with no pre-payment penalty. The typical closing costs associated with a Home Equity Loan range from $156.50 - $282.50, depending on the state in which you live. A non-refundable $41 application fee applies.
Fixed Rate
The Fixed Rate Home Equity program offers terms up to 15 years. The rate is fixed for the life of the loan. Check out our low, low Current Rates.
Variable Rate
The Variable Rate Home Equity program also offers terms up to 15 years. The rate is based upon the prime rate, as published in the Wall Street Journal and can change every six months, not to exceed 18%. Check out our low, low Current Rates.
Campbell Employees Federal Credit Union's Home Equity Loan program is available to our members in all states excluding Alaska and Hawaii.
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