Home Equity Loan and HELOC
With a home equity loan or home equity line of credit from SharePoint Credit Union, you can tap into your home’s equity to make meaningful progress toward your goals. Many members use these convenient borrowing options for home repairs, upgrades, or additions, while others use them to finance larger purchases, consolidate debt, or cover education expenses. SharePoint Credit Union’s home equity solutions offer competitive rates, flexible terms, and convenient access to funds.
Fill out the form at the bottom of this page to connect with a SharePoint Credit Union team member and learn how home equity can help support your goals. Local financial experts are available to walk through the process and answer any questions.
Home Equity
- Fixed Rate
- Popular for fixed cost projects
- Lump sum of money for immediate use
- Fixed interest rate, equal monthly payments
Home Equity Line of Credit
- Variable rate
- Payments vary, base on amount borrowed
- Access funds as needed
- Convenient for ongoing access or for emergencies
- Limited Time Offer: Up to $500^ off Closing Costs
Questions? Let us know how we can help!
*APR = Annual Percentage Rate. To view full details, click here. All accounts subject to approval. No Closing Cost Promotion is valid for Home Equity Lines of Credit with a Loan-to-Value of 80% or less. Maximum loan amount up to $100,000. Member is responsible for cost of appraisal if required. Home Equity Line of Credit (HELOC) has a variable rate indexed to the Prime Rate as published by the Wall Street Journal plus a set Margin. A HELOC with a Loan to Value (LTV) of 80% or less does not have a Margin added to the Prime Rate. A HELOC with a LTV greater than 80% will have a Margin of 3.00% APR added to the Prime Rate. A HELOC will never go below 4.00% APR and will not exceed 18.00% APR and will never exceed the highest allowable rate for this type of agreement as determined by applicable state or federal law. A HELOC has a seven-year draw period with a ten-year repayment period. Property must be the primary residence or a non-investment second/vacation home. Home Equity Loan and Credit Lines may only be written for homes in MN and WI. Closing costs will vary based on loan amount, appraisal requirement, geo-graphic location, and title examination findings. For loan amounts of $25,000 to $150,000, costs will typically range from $591 to $961 including an appraisal if one is required. Property insurance required for Home Equity Loans and Credit Lines. Subject to credit approval and require income verification. Rates and terms are subject to change. Cannot be combined with any other offer. SharePoint is an equal housing opportunity. Contact a SharePoint Credit Union Representative for details. Click here to read the Home Equity Early Disclosure
NMLS# 527701. Equal Housing Opportunity Lender. Contact a SharePoint Credit Union Representative for details.
^Credit up to $500 will be applied towards your loan costs at closing, not to exceed your total loan closing costs excluding the appraisal fee. Closing costs will vary based on loan amount, appraisal requirement, geographic location, and title examination findings. For loan amounts of $25,000 to $150,000, closing costs will typically range from $563 to $1311 including an appraisal if one is required. Property must be the primary residence. Home Equity Line of Credit loans may only be written for homes in MN and WI. Property insurance required for Home Equity Lines of Credit. Subject to credit approval and requires income verification. Terms are subject to change. Cannot be combined with any other offer. HELOC must close within 60 days of the application date to receive offer. Must be eligible for membership. NMLS# 527701. Equal Housing Opportunity Lender. Contact a SharePoint Credit Union Representative for details. Offer ends 06/30/2026 and subject to change without notice.
Highlights
Make Repairs, Upgrades or Additions
Finance Large Purchases
Competitive Rates
Flexible Terms
