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Mortgages & Home Equity

Home Equity Lines of Credit and Home Equity Loans

Do you need to consolidate some debt? Use the equity that’s been building in your home to help combine multiple payments into one, or maybe you’ve decided not to move but need financing to build that addition or makeover the kitchen.
Whatever the reason, U.P. State Credit Union’s home equity line of credit or fixed rate home equity loan could be the perfect financing tool you need. Keep in mind the interest you pay is typically tax deductible. (Just be sure to contact your tax advisor about this potential money saver.)
The line of credit taps into your home’s equity and offers low variable APRs, adjusting semi-annually. You may borrow up to 80% of the appraised value of the home, minus the balance on the first mortgage and any other outstanding liens. The rate is set according to the Wall Street Prime Rate by a vote of the Board of Directors at a regular monthly meeting.

View our current Home Equity Line of Credit rates.

The Fixed Home Equity loan has limits up to 80% of the appraised value minus the first mortgage balance and any other outstanding liens. The interest on the Home Equity loan is a fixed rate.

View our current Home Equity Closed End Loan rates.


At U.P. State Credit Union, we understand excitement and anticipation of finding, buying and owning a home. It's the classic American dream….. a place where families are raised and great memories are made.

We also understand how financing your new home can be rather stressful.  Mounds of paperwork, research, inspections and tight deadlines all play an important role toward making home ownership possible. If you’re working with a lender you’re not familiar with, the mountain of paperwork and industry jargon makes things even more stressful.

Our mortgage experts have proven many times over that there is a difference at U.P. State Credit Union. That’s because we are here for you every step of the way  throughout your financing. Whether you’re a first time home buyer, refinancing your current home, or a savvy investor, our professionals are well equipped to answer each and every question you might have.

Our rates are always very competitive, yet our attention to your details will help make the process go as smoothly as possible.

Mortgages & Home Equity Rates
Effective Date: Sunday, March 24th, 2019
Mortgage: 5 /1 ARM (Adjustable Rate Mortgage) 60 Months Call For Rates
Fixed Rate Mortgage 15, 20, 30 Year Call For Rates
Home Equity Line of Credit 240 Months Call For Rates
*APR = Annual Percentage Rate. Current loan rates are based on certain factors such as credit worthiness, account relationships, loan types and loan to value ratios. Please contact our loan department for more details.

National Credit Union Administration Equal Housing Lender
NCUA - Your savings federally insured to at least $250,000 and backed by the full faith and credit of the United States Government. National Credit Union Administration, a U.S. Government agency. Equal Housing Lender - We do business in accordance with the Fair Housing Law and Equal Opportunity Credit Act