The best of both worlds. Our fixed rate home equity line of credit combines the flexibility of a line of credit with the peace of mind knowing your rate is fixed.
- Borrow up to 90% of your home’s value excluding existing mortgages on terms of 5 or 10 years
- Fixed terms available up to 20 years which include a two year draw period
- Discounts on closing costs up to $1,000*
- Quick approval and closing time
- Automatic payments
- No application fee
Branch Appointment
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| Home Equity Fixed Rate Line of Credit
|
| Annual Percentage Rate (APR)
|
starting as low as
5.70%
|
| Rate
|
Fixed
|
| Payment Options
|
Principal and Interest
|
| Draw Period
|
2 years
|
| Maximum Financing
|
Up to 90% of home's value excluding existing mortgages
|
*No closing costs options are only available for equity lines with a $15,000 minimum draw required at closing. Closing costs up to $1,000 may be paid by FAIRWINDS. This includes the application fee, origination charge, appraisal, title insurance, settlement and search fees, recording fees, and mortgage document stamps. Closing costs over $1,000 are the responsibility of the member.
Loans are subject to credit union membership eligibility, credit approval, and verification of information provided on the application. Other terms and conditions may apply. Terms and conditions subject to change at any time without prior notice.
In order to open the loan plan, you must pay a flood zone determination fee of $20 to the Credit Union and certain fees to third parties which generally total between $300 and $3,800. You may request more specific cost information about third-party fees from the Credit Union. Property insurance on the property that secures the plan is required to open the plan.
FAIRWINDS Member Reviews
Home Equity Loan is rated
4.6 out of
5 by
173.
Rated 5 out of
5
by
Nahid from
Exceptional customer service
I had a very pleasant experience with the staff and also got the best rate for my loan. Thank you :)
Date published: 2019-09-29
Rated 5 out of
5
by
The Ranger Cop from
Excellent: Fairwinds home loan
I have been a Fairwinds customer for many, many years. Every chance I get I try to use Fairwinds. This home loan was another example of excellent service.
Date published: 2019-09-25
Rated 5 out of
5
by
Chino from
Great experience.
Been a member for over 8 years and always a great experience.
Date published: 2019-09-01
Rated 5 out of
5
by
TylerS from
Awesome Solution for debt!
FAIRWINDS provided an amazing solution for debt consolidation that fit what we needed at an amazing rate! Saving is a ton of money!
Date published: 2019-08-16
Rated 5 out of
5
by
Longtimember from
Excellent service
Was very happy with the assistance we received from all persons involved with the loan.
Date published: 2019-07-30
Rated 5 out of
5
by
Janet S from
Excellent Personalized Service
FAIRWINDS is by far hands above dealing with any big bank. I had sense of being valued as a client and everyone I dealt with at FAIRWINDS was extremely responsive, professional and genuinely interested in helping me.
This was similar to the credit union i had in my previous home state. It made me wonder why I didn’t get here sooner. Credit Unions by far provide a better level of service, better rates and treat their clients like a person not another mouse in a cage.
Thanks FAIRWINDS for reminding me what good client service in banking is.
Date published: 2019-07-20
Rated 5 out of
5
by
Ken2member from
Best rate. Painless process.
Fairwinds provided best rate in the area plus superior service from every person involved in the process, which was very simple and stress free. Felt like we were becoming members of a warm and welcoming family.
Date published: 2019-06-26
Rated 5 out of
5
by
Donald R from
Home equity account
Everyone involved with our loan process was very cordial and helpful. Everything was taken care of in a very timely manner and it was the easiest loan process we have ever experienced! Cudos to everyone involved in our loan.
Date published: 2019-06-21
