Home Equity Loans

Our Home Equity loans offer long draw periods (10 years), no application fee & low-to-no- closing cost, and great low rates. Apply now!

Home Equity Line of Credit

  • Convenient access via check, online, or by visiting one of our branch locations.
  • Affordable monthly payment based on the balance of the loan.
  • Unlike other types of loans, interest may be tax deductible.
  • Competitive variable rates.
  • No application fee and no advance fees.*

Fixed Home Equity Loan

  • Borrow for a one-time expense.
  • A variety of repayment terms are available.
  • Offers a competitive rate.
  • Conveniently make payments and view online.
  • It’s a customizable loan to fit your needs.
  • Unlike other types of loans, interest may be tax-deductible.

Contact the Mortgage Team

 

Mary Burgin - Mortgage Team

Mary Burgin

Mortgage Loan Originator
NMLS #1901789
maryb@tbacu.com
231.342.4732

Carrie Eppinger - Mortgage Team

Carrie Eppinger

Mortgage Loan Originator
NMLS #718733
carriee@tbacu.com
231.944.0528

David Powell

David Powell

Mortgage Manager
NMLS #2542958
davidp@tbacu.com
231.649.0300

Joan Carley - Mortgage Team

Joan Carley

Mortgage Loan Processor
joanc@tbacu.com
231.946.8798

APPLY FOR A HOME EQUITY LOAN ONLINE

­­ TBA Credit Union Loan Applicants:

Be aware that after applying for a loan, you may receive unsolicited calls and mail. These “trigger leads” are not from us; TBA Credit Union respects your privacy and does not sell your information. Credit bureaus selling your data can lead to these contacts, which we cannot control.

To minimize unwanted calls and mail:

Your personal details are used solely for your loan application with us, and we advise ignoring any misleading contacts that may occur.

(1) 10-year draw period followed by a 10-year repayment period for 1 to 4 family owner occupied/second home occupancy. Interest only payments required during draw period. Rate is variable. (2) TBACU members who meet eligibility criteria can access a home equity line of credit with no closing costs. Property hazard insurance required. Property flood insurance required when applicable. Other terms and conditions may apply. Ask one of our mortgage loan officers for details. Insured by NCUA.
*$25 annual fee for home equity lines of credit. Fees may apply to the property. Appraisal may be required. We recommend you consult with a tax adviser for the deduction eligibility.