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fairwinds.org | Get the freedom to go further.

Searching for convenience, access, and flexibility? A home equity line of credit is perfect for ongoing home improvement projects.

By establishing a variable-rate line of credit you can access your money when you need it, wherever you are, to help with home improvements, large purchases, college tuition and more.

  • Borrow up to 80% of your home's value including existing mortgages
  • Draw on the line for periods up to 15 years
  • Your Annual Percentage Rate (APR) will vary with the market based on the Prime Rate.*
  • Discounts on closing costs up to $1,000**
  • Quick approval and fast closing
  • Automatic payments
  • No application fee
  • No annual fee

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Home Equity Variable Line of Credit
Annual Percentage Rate (APR) as low as Prime + .25% (3.50%)
Rate Your APR will vary with the market based on the prime rate.*
Payment Options 1% of outstanding balance
Draw Period 15 years
Maximum Financing Up to 80% of home's value Including existing mortgages


*Prime Rate as published in the Wall Street Journal + 0.250, subject to change.

**No closing costs options are only available for equity lines up to 15 years. $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.

†APR = Annual Percentage Rate. A minimum initial draw of $15,000 is required at closing. After 12 months, your APR will be a variable APR based upon the Prime Rate, plus a margin, for the remaining life of the line, subject to a maximum APR of 18.00%. Your margin will be based on several factors, including your credit history, loan to value ratio, property type, and lien status. All normal closing costs will be paid by FAIRWINDS, up to $1,000. Certain terms and restrictions apply. Offer subject to termination or change at any time without notice.

FAIRWINDS Member Reviews

Home Equity Loan is rated 4.6 out of 5 by 181.
Rated 5 out of 5 by from Fairly painless. Simple process. Most of the paperwork was done online. Did have to go in for closing. Was surprised by the score they used did not match the standard FICO score. Appreciate the online paperwork very much.
Date published: 2021-10-05
Rated 5 out of 5 by from Expedient and Positive HELOC I've been a member of Fairwinds for years and have been impressed with all of their products. They have competitive rates and great loan packages, and the staff is attentive and quick to respond to any questions.
Date published: 2021-07-23
Rated 5 out of 5 by from Professional Job. Well done! All of the staff involved in the loan process were personable, professional, & knowledgeable. Job well done!
Date published: 2021-06-21
Rated 5 out of 5 by from Easy Fairwinds has always been there for me over my years of membership. Again, they did not disappoint in this new endeavor
Date published: 2020-03-15
Rated 5 out of 5 by from Fast service Applying online was simple and fast. I was able to call and ask additional questions. Very friendly service.
Date published: 2020-01-28
Rated 5 out of 5 by from Customer Service They have excellent customer service. Everything went smoothly.
Date published: 2019-11-23
Rated 5 out of 5 by 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 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
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