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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 73.
Rated 5 out of 5 by from My FAIRWINDS Rep is incredible! Ally at my local FAIRWINDS made my experience so easy! She was thoughtful and listened to my needs to provide me w the right line to supplement our home Reno project.
Date published: 2017-08-23
Rated 5 out of 5 by from Great I have been a member of Fairwinds for 24 years always have good service.
Date published: 2017-08-17
Rated 5 out of 5 by from Exceptional service My house was paid off and I needed to do some upgrades on my home. The whole loan process is quick and easy right customer service no out-of-pocket expense hey are amazing in customer service
Date published: 2017-06-21
Rated 5 out of 5 by from So easy! I wanted to buy a lot closer to NSB. I did try to sell the house I live in but I really found a great lot and did not want to loose it. I thought i might get the long face because the house was still on the market but that was not the case at all. Not an issue and I did get the property with my home equity loan plus we have a great bank as well now.
Date published: 2017-05-26
Rated 5 out of 5 by from Great Service Very easy process and great service from the beginning to the end
Date published: 2017-05-25
Rated 5 out of 5 by from Home equity losn Denise was easy to work with. The process went smoothly and I was kept informed
Date published: 2017-04-19
Rated 5 out of 5 by from Great Experoence I recently applied for a home equity line of credit. I had a tight deadline I needed to get the loan approved. The local loan office expedited the process for me and I was very pleased with the process and the timely manner in which it was handled for me.
Date published: 2017-04-17
Rated 4 out of 5 by from Great rate Home equity loan was processed and everyone was helpful. Only draw back was it took way to long. It should have been processed much faster. First time I have even had to get an appraisal for a home equity loan as well.
Date published: 2017-04-15
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