Personal Banking

Home Equity Loans

A SharePoint Home Equity loan offers great rates, flexible terms and convenient access to the funds you need to accomplish your dreams and goals. Home Equity loans are a great solution for home owners that would like to tap into the equity they have built to finance an education, consolidate debt, fund home remodeling, or even buy a new car. Home Equity loans offer a more competitive rate, and because interest paid on a Home Equity loan can be tax deductible, the dollars stretch even further (consult a tax advisor regarding the deduction of interest).

SharePoint Credit Union offers specific loan products to take advantage of the equity you've built in your home to access competitive rates:

Home Equity Line of Credit: Variable rate loan
Equity in your home can serve as the basis for a line of credit - no loan payments are due until you actually utilize it, and payments vary as they are based on the amount you borrow and are indexed to the Prime Rate. You have the freedom to access your Home Equity Line of Credit whenever needed.

Home Equity Loan: Fixed rate loan
Your home's equity can also be used to secure a lump sum of money for immediate use. The interest rate is fixed and your payments will be the same each month.

• Apply Online Today!
• Print an Application using the link above, then fax, mail or take it to a SharePoint branch
• Call a Financial Service Representative at
  (952) 930-0700 or (800) 752-3494