Home Equity

SPECIAL OFFER: Use your home equity to upgrade to a more efficient home,
and you could win $500 in technological upgrades and 1 Free Year of ADT Home Security Services!*

Discover the perfect smart home renovations using the equity in your home. PLUS as a member of NRLFCU, you’re eligible for up to $850 in FREE ADT security equipment.*

1.99% for 5 years
2.99% for 10 years

Get your Home Equity Loan with NRLFCU before June 30th and one lucky winner will receive a FREE ADT Home Security System with 1 year of servicing** AND $500 in smart home services!

*NO PURCHASE NECESSARY TO ENTER OR WIN. Purchase does not increase chance of winning. Must be an NRLFCU member in good standing and 18 years or older to win. The prize: 1 year of ADT Services paid by the credit union + $500 gift card to purchase smart home technology. No cash or other prize substitution permitted except at Sponsor’s discretion. The prize is nontransferable. How to enter: You may enter the Sweepstakes by completing an entry form in an NRLFCU branch or email us at eservices@nrlfcu.org and include your name, age, address, phone number, and membership status. **To obtain offer winner will purchase ADT Home Security System through LoveMyCreditUnion.com/ADT and pay $99 installation fee and enroll in monitoring. NRL will reimburse winner for these expenses.

***APR=Annual Percentage Rate. Minimum loan amount is $5000.00.  Sample payment based on advertised rate is $9.66 per $1000.00 financed for 10 years. Loyalty Rewards do not apply. Maximum loan to value [LTV] is 80%. Higher LTV’s available at different rates.  Offer is valid on primary residences only and does not apply to second homes or rental properties.  Offer valid through June 30, 2018.


You put plenty of time, money and effort into your home. And now that you’ve built some equity, it’s time to make those “someday” dreams happen! Open the door to opportunity—with a home equity loan or line of credit from NRLFCU.  We will lend you up to 100% of the value of your home and beyond.

Your home is more than a dwelling—it’s a great financial resource.  Put that equity to work for you and get cash for just about anything. From a new kitchen to a classic car. College tuition to a wildlife safari. We’ll walk you through the loan process and help you pick the best home equity loan or line of credit for you.

OPTIONS AT YOUR DOORSTEP

We offer a wide variety of home equity programs. What’s more, all home equity loans and lines of credit are available for non-owner occupied properties, too.  Choose from:

1. Home Equity Line of Credit with a variable- or fixed-rate up to 100% LTV.

  • Qualify and you can borrow from $10,000 up to $500,000 in a variable rate line of credit.
  • Save on closing costs. NRLFCU pays up to $1,500.
  • Rate is based on the prime rate and has a lifetime cap of 15% APR. Check out the current rates.
  • Access your line for up to 10 years then take another 15 years to repay the amount you actually use.

2. Equity Express with a variable-rate home equity line of credit, up to $50,000.

  • Qualify and you can borrow from $5,000 up to $50,000 or 80% loan to value (LTV), whichever is less.
  • Save on closing costs. NRLFCU pays up to $1,500.
  • Rate is based on the prime rate and has a lifetime cap of 15% APR.
  • Access your line for up to five years then take another 10 years to repay the amount you actually use.

3. Home Equity Loan with a fixed rate and term.

  • Qualify and you can borrow from $10,000 up to $500,000.
  • Save on closing costs. NRLFCU pays up to $1,500.
  • Low fixed interest rate stays the same for the 10-year term.
  • Access your line for up to five years then take another five years to repay the amount you actually use.

4. Unsecured Home Improvement Loan with no equity required and loan amounts up to $25,000.

  • Qualify and you can borrow up to $25,000 for home improvements only.
  • No equity required.
  • Save with NO closing costs.
  • Low fixed interest rate stays the same for the life of the 10-year loan.

CASH, SWEET CASH

Many other financial institutions let you finance only 80% loan-to-value (LTV). But at NRLFCU, you can finance up to 100% through most of our programs and, in most cases, we will pay all closing costs.

Ready to do the math? Our easy Equity Available calculator can help.