Home Equity Loans

Ask your house to buy you something special.
Lock in the rate. Unlock the potential.

Apply Now

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BENEFITS

Let's talk perks.

Engage flexibility. Borrow what you need when you need it.
Enjoy peace of mind. Lock your balance into a low, fixed rate.1
Embrace value. Borrow up to 100% of your home's worth.2
Experience options. Choose between principal and interest or interest-only payments.
 Encounter the extra mile. Say hello to low closing costs and dedicated support from us as we cheer you on.   

USES

You've put a lot into your house. 

Now it's payback time.


Home Improvements

A pool, the kitchen renovation, that dream backyard



Big Ticket Items

A boat, the RV, that unforgettable vacay



Life Events

A wedding, education, debt consolidation


CONNECT

We're here to help.

Image of Chantel, Home Equity Lending Consultant.

Chantel
Home Equity Lending Consultant
NMLS# 1031766
800-482-1043 Ext. 8467
CMcNeely@y12fcu.org

Image of Leigh Ann, Home Equity Lending Consultant.

LeighAnn
Home Equity Lending Consultant
NMLS# 1404839
800-482-1043 Ext. 8452
LRiker@y12fcu.org


Not a member? Not a problem!


Anyone can be a member! You qualify already if you: 

Live, work, worship, or go to school in Anderson, Blount, Campbell, Knox, Loudon, Roane, Sevier, or Union counties.
Have an immediate relative (parent, sibling, spouse, child, grandparent, grandchild, step-parent, step-sibling, or step-child) who is already a member.

Are a member of our Y-12 FCU Gives Foundation. It's easy to join! 
Learn More

Get Started

1. Lock in up to five fixed rate advances at one time. First rate lock is free, $35.00 for each additional. Must have a credit score of 620 or higher to qualify for interest only payments or 100% LTV Home Equity Loans.
2. Maximum LTV is 100% for Home Equity Loans with principal and interest payments and 95% for Home Equity Loans with interest only payments. Property insurance is required. Offer only applies to new Home Equity Lines of Credit opened on or after 4/17/2017. Offer is subject to change without notice. Minimum line of credit amount is $10,000. If a balance remains on the line of credit at the maturity of the 20 year mortgage, a balloon payment may result. MINIMUM PAYMENT EXAMPLE: If you made only the minimum monthly payment and took no other credit advances, it would take 10 years to pay off a credit advance of $10,000 at an ANNUAL PERCENTAGE RATE of 3.99%. During that period, you would make 119 payments of $101.20 and one (1) final payment of $101.20.