Home Equity Loans

LINES OF CREDIT AS LOW AS

3.25%*APR

Variable rate. No processing fees. Tax deductible interest.


Break ground on awesome

Values are up and TwinStar's ChoiceLine Home Equity Account can make your dream project affordable.

Your life. Your loan. Your choice.


Apply online, by calling 1.800.258.3115, or at a branch near you.

Click to start application

The ChoiceLine Equity account offers the convenience of a large credit line and the certainty of fixed interest rates. You make the choice-draw on your variable rate line of credit whenever you need or lock in part (or all) of the outstanding balance at a fixed rate and term. Account owners can initiate up to three fixed rate advances. You may also reuse the funds as you pay the balance.

If you have a more clearly defined set of needs-home improvement projects, debt consolidation, an awesome vacation, etc., take a look at a Home Equity loan. The single advance provides a fixed rate and term for repayment of your loan. And of course, TwinStar Credit Union loan rates are always amongst the best you'll find.

Finally, the Equity Express loan meets the needs of equity borrowers seeking quick, easy access to the equity in their homes. For equity loans ranging from $5,000 to $30,000 TwinStar Credit Union will expedite processing, reduce processing fees and fund your loan FAST!

TwinStar Credit Union and each of our individual mortgage loan officers are registered with the Nationwide Mortgage Licensing System and Registry. Our institutional ID number is 530610. Learn more about the NMLS or look up any mortgage officer or company at NMLS Consumer Access.

Apply for your loan now.

Home Equity Interest Rates Effective Apr 01 2014
Type of Loan APR* Loan Terms
ChoiceLine Equity - Home Equity Line of Credit
Primary Residence - 80% or less Loan-to-Value (LTV) Value is based on tax assessed value and verified by independently certified valuation; or full appraisal. Member pays cost for appraisal. Value method and cost determined at time of application. Category is limited to stick built homes. 3.25% variable APR rate. Rates for fixed term advances taken against the line range from 3.74%-5.49% APR.

Draw period for line of credit is 10 years. Fixed term advances taken during or after the draw period may range from 12-180 months. The total rate adjustment cannot exceed 18% Annual Percentage rate over the life of the loan.

Primary Residence - Over 80% Loan-to-Value (LTV) on stick built homes. Manufactured Homes must be new or last 9 model years and limited to 80% or less LTV. Must be classified as real property & located on land in the borrower's name. Value is based on tax assessed value and verified by independently certified valuation; or full appraisal; member pays cost for appraisal. Value method and cost determined at time of application. LTV over 80% is an exception and requires additional review and approval. 5.25% variable APR rate. Rates for fixed term advances taken against the line range from 5.74% to 6.99% APR.

Draw period for line of credit is 10 years. Fixed term advances taken during or after the draw period may range from 12-180 months. The total rate adjustment cannot exceed 18% Annual Percentage rate over the life of the loan.

Equity Express
Equity Express is an easy no-hassle home equity loan! Owner occupied primary residence. Manufactured home with land must be classified as real property. Must be new or last 14 model years and located on land in the borrower's name. Value is based on tax assessed value and verified by independently certified valuation. Loan amount is limited to 80% of less of value. TwinStar must be in junior lien position only. 3.74% fixed APR. Minimum Loan Amount: $5,000 Maximum Loan Amount: $30,000

Maximum 60 month term. Processing fees may be waived (escrow, flood determination,title insurance, and recording). Processing fees apply ($300.00) if paying off funds in a TwinStar ChoiceLine Equity.

Home Equity Loan
Primary Residence: 80% or less Loan-to-Value (LTV). Limited to stick built homes. TwinStar must be in junior lien position only. Rates range from 3.74% - 5.49% fixed APR.

Terms range from 60 months - 180 months. Rate is based on term. LTV is 80% or less. Value is based on tax assessed value and verified by independently certified valuation; or full appraisal. Borrower pays cost for appraisal. Value method and cost determined at time of application.

Primary Residence over 80% Loan-to-Value (LTV) and Manufactured Homes (limited to 80% or less LTV). Manufactured homes are limited to new or last 14 model years. Must be classified as real property and must be located on land in the borrower's name. TwinStar must be in junior lien position only. Rates range from 5.74% - 6.99% fixed APR.

Terms range from 60 months - 180 months. Rate is based on term. Over 80% LTV may be considered for permanent construction property. LTV is limited to 80% of less for manufactured homes. Value is based on tax assessed value and verified by independently certified valuation; or full appraisal. Borrower pays cost for appraisal. Value method and cost determined at time of application.

* APR = Annual Percentage Rate. All rates based on approved credit.