Home Equity Special

Limited Time Offer:
Save up to $700 OFF Closing Costs!

Special offer available on a NEW Home Equity Loan or Line of Credit, now through February 29, 2024!

Effortless debt consolidation and more, with our exclusive Home Equity Offer!

Streamline your finances by consolidating your debt with a special discount on a Home Equity Loan or Line of Credit. Unlock the flexibility to manage unexpected expenses and embark on a journey towards financial consolidation with simplicity and ease.

Make home improvements, consolidate debt, afford unexpected expenses and more! Take control of your financial well-being and enjoy the peace of mind that comes with a consolidated approach.

Do it all with an Ideal Home Equity Loan or Line of Credit!

Now is the perfect time to put your home's equity to work helping you achieve your goals. Apply online or schedule an appointment to visit an Ideal CU branch near you.

Features & Benefits:

  • Waived closing costs (up to $700) through 02/29/2024
  • Home Equity Loan or Line of Credit
  • Fixed and variable rate options
  • Up to 90% of property value

Compare Your Options

 

Limited-Time Special — Offer Ends February 29, 2024!

Fixed Rate Home Equity Loan: Some housing exceptions apply. Rates subject to change at any time. Properties must be owner-occupied. Payment example: On a $20,000.00 loan with a 5 year term up to 80% property value at 6.875% APR*, monthly payments would be $394.85. On a $20,000.00 loan with a 5 year term up to 90% property value at 7.625% APR*, monthly payments would be $401.95. Maximum loan amount is $350,000. Closing costs range from $500 to $2,000. Maximum loan amount is $350,000. Eligible for homes in Minnesota and Wisconsin only. Consumer should consult a tax advisor for further information. Waived closing costs up to $700.00 on home equity applications taken between 01/03/2024 and 02/29/2024, and must close by 04/15/2024. This special discount is not transferable. Maximum loan amount is $350,000. Ideal RenoFi loans are not included in this promotion.

Home Equity Line of Credit: Minimum Annual Percentage Rate (APR) Floor of 4%. Maximum APR is 12%. APR calculation is subject to change monthly and is based on the Prime Rate as published in the Wall Street Journal. Required payments are calculated at 1% of the outstanding balance. Maximum loan amount is $350,000 with a 10-year draw period and up to 15-year repayment period. Properties must be owner-occupied. Eligible property types include SFD and Townhomes (up to 90%), and condos (up to 80%); Not eligible for multi-family properties. Some housing exceptions apply. Consult a tax advisor regarding the deductibility of interest. Closing costs range from $500 to $2,000. Waived closing costs up to $700.00 on home equity applications taken between 01/03/2024 and 02/29/2024, and must close by 04/15/2024. This special discount is not transferable. Maximum loan amount is $350,000. Ideal RenoFi loans are not included in this promotion.

*APR is Annual Percentage Rate. Rates subject to change at any time.