Heads up, our Churubusco branch parking lot will be closed Saturday, June 10 and Sunday June 11 due to sealing and painting (weather-permitting) and members will not be able to access the ATM. We apologize for the inconvenience. Please visit our locations page for a list of all Fort Financial branches, CO-OP Shared Branches and AllianceOne ATMs.

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Home Equity

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Home equity is the difference between how much your home is worth and how much you owe on your mortgage. You can borrow against your home's equity to fund large projects or major expenses, such as home renovations, debt consolidation, education expenses and even travel. The choice is yours!

A home equity loan and a home equity line of credit (HELOC) are both great options to finance these types of projects.

For a limited time we are waiving our application fee!* Contact us for more details or apply online today!

Home Equity Line of Credit

  • Ideal for when you want access to cash over time
  • Allows you to draw on the line of credit for any amount at any time
  • $5,000 minimum loan amount
  • Maximum loan amount of up to 90% of appraised value
  • 5.99% Annual Percentage Rate for the first 12 months
  • Fee charged equal to closing fees if closed in the first two years

Apply for a Loan

Home Equity Loan

  • Perfect for paying a large one-time expense
  • Gives you a fixed-term loan with a fixed payment amount every month
  • $5,000 minimum loan amount
  • Up to 240-month term
  • Maximum loan amount of up to 100% of appraised value
  • No pre-payment fee

Apply for a Loan

*$5,000 minimum. Offer subject to change without notice. Additional qualifications apply, including credit history review.

Home Equity Rates
Effective Date: Wednesday, June 7th, 2023
Subject to change. All rates shown as Annual Percentage Rate (APR).
intentionally empty table headerHome Equity LoanHome Equity Visa Line of Credit*
Amount $5,000 minimum $5,000 minimum
Annual Percentage Rate (APR) As low as 6.49% APR 5.99% for first 12 months then Prime rate + 0% variable rate with 5.99% floor
Early Closure Fee   Fee charged equal to closing fees if closed in the first two years
*Interest rate is adjusted annually.