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Home Equity

You have built equity in your home. With our home equity loan solutions you can make that equity work for you for any borrowing need.
  • Borrow a lump sum
  • Low Fixed Rates
  • Flexible terms up to 15 years
  • No Closing Costs
  • Borrow up to 85% of your home’s equity
  • Payment Protection is available
  1. If paid in full before 36 months from date of note, borrower will be obligated to pay lender the amount of waived fees.
  2. Some restrictions apply. Adequate property insurance, and possibly flood insurance is required. 1-4 family, owner occupied primary residence only. Subject to credit approval.
  3. Consult your tax advisor regarding tax deductibility.
  4. NMLS ID 493624

*Stated Annual Percentage Rates (APR) shown are accurate as of 09/13/2022. Rates apply to Fixed Rate Home Equity Loans 1st lien at 85% Combined Loan to Value (CLTV). Other rates and terms are available. Consult your tax advisor for tax-deduction eligibility on Home Equity Loans. Property Insurance is required. A 5.24% APR, 60 month home equity loan costs $18.98 per month per $1,000 borrowed. Rates and terms are subject to change. Rates subject to credit approval. The Credit Union reserves the right to change any conditions of these programs, or to withdraw them, without prior notice. Contact a Loan Representative at a branch nearest you for an application or apply online at www.flfcu.org. New money only. Please check with a Member Service Representative for membership eligibility requirements. Not a member? Join today! An Equal Housing Lender. This Credit Union is Federally Insured by the National Credit Union Administration.

This Credit Union is Federally Insured by the National Credit Union Administration.


  • Flexibility to draw funds as needed open end revolving line of credit.
  • Borrow up to 85% of the equity in your home.
  • 10 year draw period followed by 15 year repayment.
  • No closing costs or annual fees.
  • Flexible payments based on your outstanding balance.
  1. If discharge is requested within 36 months from date of note, borrower will be obligated to reimburse Credit Union the amount of waived fees.
  2. Some restrictions apply. Adequate property insurance, and possibly flood insurance is required. 1-4 family, owner occupied primary residence only. Subject to credit approval.
  3. Consult your tax advisor regarding tax deductibility.
  4. NMLS ID 493624
  5. Variable rate adjusted on a quarterly basis according to the Prime lending Rate as published in the Wall Street Journal. The rates are variable and subject to change. The maximum Home Equity APR on new loans that may apply is 16% and the minimum is 3.00%.

Home Equity Line of Credit Rates

  • 2.49% APR Introductory Rate for 6 months, then
  • Prime - 0.25% (The Rate Floor is 3.00% for new loans.)

 

Life and Disability Insurance

There is no way to predict an injury, illness, or your unexpected death, but you can take steps along the way to make sure your family is provided for if the unforeseen were to happen. Credit Disability and Credit Life Insurance may help to pay your loan so you or your loved ones don’t have to.*

These products are optional offerings from FLFCU and the premium is included in your monthly payment. Talk to your Loan Officer about the option of adding this product without increasing your monthly payments.

*Up to your policy maximums; per terms and conditions and exclusions on your Credit Insurance Certificate.


Looking for Auto Insurance? To bring you this product, we have partnered with the CUNA Mutual Insurance Group’s TruStage™ who was just named the “World’s Most Ethical Company®” by Ethisphere, an international think tank that rates companies business ethics and social responsibility. Amazing, right?

They provide our members with Term Life and Free Accidental Death and Dismemberment Insurance, and work with carefully selected vendors to bring our members discounted auto insurance.