Home Equity Loans

Line of Credit and Fixed Term/Fixed Rate Loans

Use your home as collateral for home improvements, auto purchases, vacations, education for the children, debt consolidation and more. We offer two kinds of Home Equity Loans:

Fixed Term/Fixed Rate

Chose the term that matches your preference up to 15 years. Other features include:

  • Attractive fixed rates
  • No closing costs
  • Loan-to-value of up to 90%
  • Tax deductibility of interest (in most cases)

Home Equity Line of Credit

You will be given a credit limit and may borrow money when you need to. Pay it back and borrow again until the draw period for your loan expires. Other features include:

  • Variable rate interest can be as low as the Wall Street Journal prime rate + .50%
  • Interest is paid only on the amount borrowed
  • Payments include principal reduction so the loan balance is paid down every month.

Financial Health FCU has been assisting the Indianapolis community with their financial health and well being for years. Let us help you.  

Contact Us to Discuss this Loan

Short on funds? Need to upgrade your car? 

We do personal loans, new/used car loans, home equity, and credit cards

Apply for a loan today!