Thrive Credit Union

Home Equity Loans

The equity in your home can be a powerful financial tool.  Whether you are making home improvements, going on vacation, paying for college or whatever your financial need might be, a home equity loan is a great choice.  Home equity loans have lower interest rates than many other loans and the interest may be tax deductible!  Thrive offers competitive interest rates and two home equity options available to meet your particular need.

Click Here for Thrive’s Home Equity Rates

Home Equity Line of Credit (HELOC)

  • Low monthly payment of 1% of outstanding balance
  • Interest rates equal to Prime Rate as published in Wall Street Journal
  • Loans up to 90% Loan to Value
  • Funds are easily accessible through transfer to other Thrive accounts or by using home equity checks tied to the account

 

Fixed Home Equity Loan

  • Competitive fixed interest rates for term of the loan
  • Terms from 60 months to 180 months
  • Loans up to 90% Loan to Value

Click Here to View Home Equity Disclosures

Thrive NMLS #409307

3 easy ways to apply:
1. Apply Online by clicking here.
2. Apply during credit union hours by calling Delaware Drive @ 765-284-1015, Wheeling @ 765-289-7001 or Morrison @ 765-381-8204 and pressing option 2.
3. Stop by one of our three Thrive branches to start the application process.