Home Equity Loan & Line of Credit

Home Equity Line of Credit (HELOC) - FIXED RATE!

Special Offer   FIXED RATE HELOC 

Is your home in need of some renovations? or do you have some major events in your life coming up to pay for?  A home equity line of credit, (also known as a HELOC) could make them happen!  It works like a credit card.  You are able to borrow up to 90% of your home's value.  Use what you need, when you need it, and make payments only on what you spend.  As you pay off the principal, your credit revolves and you can use it again without ever having to reapply!  The FIXED RATE is for the life of the loan.  You can even make Interest only payments during the 5 year draw period.

  • NO CLOSING COSTS!
  • Now offering an "INTEREST ONLY" PAYMENT option!
  • Borrow up to 90% of your home's value
  • FIXED Rates as low as 3.99%APR* for the LIFE OF YOUR LOAN!
  • Easy to use! — Just write Checks from your HELOC Check Book, or
    • simply transfer available HELOC funds directly to your Share Draft account via our "Online Banking" app and use your Debit Card to make purchases!
  • 5 Year draw with up to a 10 year re-payment.
  • Make payments only on what you spend
  • Interest may be tax deductible (consult your Tax Advisor)
  • Experienced lenders familiar with Maine real estate market
  • Ready financing - APPLY NOW, so it is there when and if you need it!

*Annual percentage rate as of 5/1/2016; rates,terms and conditions subject to change any time without notice. Applicant must qualify for credit approval.  Loan is a 5 year draw, with up to a 10 year re-payment. The fixed rate is for the life of the loan and is based on your equity and credit history. Borrow up to 90% of your home’s value. Home must be a owner-occupied Maine dwelling with proof of insurance. Limited time offer. A sample Fixed Equity Loan payment based on $10,000 at 3.99% APR for 10 years is $101.20.  IFCU Membership required

Home Equity Line of Credit (HELOC) Variable

What's your dream? a new pool? a bathroom makeover? college tuition? the wedding of her dreams? A home equity line of credit, (also known as a HELOC) could make it happen! It works like a credit card. You are able to borrow up to 90% of your home's value. Use what you need, when you need it, and make payments only on what you spend. As you pay off the principal, your credit revolves and you can use it again without ever having to reapply!

  • NO CLOSING COSTS!
  • Now offering an "INTEREST ONLY" PAYMENT option!
  • Borrow up to 90% of your home's value
  • Competitive low rates - Rates as low as 3.75%APR*
    • (For "Interest only" option, qualified APR* will increase by 1%)
  • Easy to use! — Just write Checks from your HELOC Check Book, or
    • simply transfer available HELOC funds directly to your Share Draft account via our "Online Banking" app and use your Debit Card to make purchases!
  • 10 year life of the credit line
  • Make payments only on what you spend
  • Interest may be tax deductible (consult your Tax Advisor)
  • Experienced lenders familiar with Maine real estate market
  • Ready financing - APPLY NOW, so it is there when and if you need it!

*Annual percentage rate as of 2/12/2016; rates and terms subject to change any time without notice. Variable rate based on Prime Rate plus a margin, and dependent on your equity and credit history. Rate will adjust quarterly based on Prime Rate in the month prior to the quarterly change date. Applicant must qualify for credit approval. Must be owner-occupied Maine dwelling with proof of insurance. Floor of 3.00%, Maximum 18%. Limited time offer. IFCU Membership required

Home Equity Loan

You've searched high and low for a stash of cash, but have you looked into your own home? Infinity FCU offers home equity loans. Use what you've built up in your home to fund major expenses, like home improvements, medical bills, higher education, and more.

  • Borrow up to 90% of your home's value
  • Competitive low rates
    • Choose between fixed or adjustable
  • Terms from 5 to 20 years
  • In-house processing for quick decisions
  • Experienced lenders familiar with Maine real estate market
  • Personal, attentive service