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Home Equity

Second Mortgage Home Equity Loans

Low Rate Home improvement Loans

GreenState Credit Union is a top home equity lender in Eastern Iowa.

Put Your Home’s Equity to Work!

A fixed rate line of credit allows you to establish a credit line and then advance funds as you need them. An equity loan has a fixed term. Equity loans are ideal for members that have a particular project or purchase in mind, and therefore know the exact amount they need to borrow.

Did You Know?

You can use your home equity funds for almost whatever you like: home improvements, finance an education, consolidate high-interest debt, or take a vacation. It’s up to you!

Home Equity Loan

Fixed terms of 5, 10, or 15 years 1.

Great rates and low fixed payment. 

Borrow up to 100% of your equity.  

No prepayment penalties.

Flexibility on loan purpose.

Apply Online

Home Equity Line of Credit (HELOC)

Fixed term of 5 years 2.

Advance funds as you need them.

Borrow up to 100% of your equity.  

No prepayment penalties

Flexibility on loan purpose

Apply Online

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All loans are subject to approval.
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Fixed Rate Home Equity Loans - Home Equity Loans are fixed rate loans for fixed terms (5, 10, or 15 years). For example, 60 monthly payments of $18.19 per $1,000 borrowed at 3.49% APR. The payment example does not include taxes or insurance and the actual payment obligation may be greater. Use up to 100% of your equity. Rate is based on credit history and loan-to-value (LTV). Rate above assumes a LTV of 80% or less. $350 closing costs for Iowa applications, unless full appraisal needed. $450 closing costs for Illinois applications, unless full appraisal needed. Homeowners insurance required. No prepayment penalties. All loans are subject to approval.
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Fixed Rate Home Equity Line of Credit - Home Equity Lines of Credit are fixed rate loans for a fixed term. Use up to 100% of your equity. Rate is based on credit history and loan-to-value (LTV). Rate above assumes a LTV of 80% or less. $350 closing costs for Iowa applications, unless full appraisal needed. $450 closing costs for Illinois applications, unless full appraisal needed. Homeowners insurance required. The minimum monthly payments will not be sufficient to repay the principal outstanding on your line of credit at the end of your loan term. At the end of your loan term, you will be required to pay the entire remaining balance in a single payment. No prepayment penalties. All loans are subject to approval.

Loans