We offer our members a wide variety of options on Home Equity loans. Whether you are seeking a traditional Second Mortgage or a Home Equity Line of Credit, Ball State Credit Union wants to help!
Second-Mortgage financing on your existing home:
- Terms of 5, 10, and 15 years
- Very competitive interest rates
- All the closing costs are paid by the credit union
- A truly flexible plan for homeowners
Home Equity Line of Credit:
- This is a 20 year loan, on which you can access the revolving line of credit for the first 15 years
- Funds accessible simply by writing a special check
- Variable interest rate
- Indexed to the 1-year treasury index, plus 2.50%
- All the closing costs are paid by the credit union
- Specially designed for convenience
To check our current interest rates, click here...
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