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Want the flexibility of a line but the security of a fixed rate? Our fixed rate line of credit may be the solution for you.

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
  • Draw on the funds for a period of two years followed by a fixed term home equity loan up to 15 years.
  • Discounts on closing costs up to $1,000*
  • Quick approval and closing time
  • Automatic payments
  • No application fee

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Home Equity Fixed Rate Line of Credit
Annual Percentage Rate (APR) starting as low as
4.95%
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 4.4 out of 5 by 84.
Rated 5 out of 5 by from Awesome I have been a member at Fairwinds for several yesrs. Also got both my kids to get accounts there. Have always had great help and support from Fairwinds in Mount Dora.
Date published: 2017-10-25
Rated 5 out of 5 by from Very Smooth Thanks to Serina at College Park for helping make this a smooth process.
Date published: 2017-10-25
Rated 3 out of 5 by from Needs some work! Product seems to be good. But the initial term of the loan was entered incorrectly and the first payment amount was incorrect.
Date published: 2017-10-22
Rated 5 out of 5 by from Home Equity Loan It was very easy to work through the process and it was explained very well to me so I could make my selection.
Date published: 2017-10-20
Rated 5 out of 5 by from went smoothly Happy with Fairwinds since 1969. A quality member focused financial institution.
Date published: 2017-10-16
Rated 5 out of 5 by from Always there for us!! We can always count on Fairwind's for whatever our needs are and they come through! We would never bank anywhere else!!
Date published: 2017-09-25
Rated 1 out of 5 by from HEL I have been a Fairwinds member for 23 yrs and never have had a bad experience until I applied for a HEL. It took almost 3 months from application to closing. I had to call for every step of the process for updates and in instances took one week for someone to return my calls. It was very stressful and frustrated process.
Date published: 2017-09-24
Rated 5 out of 5 by from Easiest loan ever Very easy process , excellent service from the loan officers at Fairwinds on Tuskawilla. So glad we are members of this credit union !
Date published: 2017-09-24
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