HOME EQUITY LOAN
A Home Equity Loan gives you a lump-sum loan at a fixed rate, often with tax advantages*.
TAP INTO THE VALUE OF YOUR HOME
KEY BENEFITS
Lower fees
Predictable payments
Flexible borrowing
Potential tax advantages*
Why choose a Home Equity Loan from OSCU?
A Home Equity Loan gives you affordable financing for planned or unexpected expenses.
Lower costs
- Get fixed rates lower than many other types of credit
- Save thousands with low fees
- Possible tax advantages* as your interest paid may be deductible
* Consult your tax advisor.
Predictable payments
- Receive your loan in a lump sum
- Enjoy steady monthly payments with 10- or 15-year terms
Borrow more
- Borrow up to $400,000, depending on your home’s equity
- Access up to 90% of available equity (qualifications apply)
Flexible spending
Use funds for any purpose — home projects, debt consolidation, tuition, travel, medical bills, and more.
Home Equity Loan details: your loan, explained
Effective date
Wednesday, April 29, 2026
| Loan Type | APR (Low)** | APR (High) |
|---|---|---|
| Primary residence or second/vacation home | ||
| 10 Years (120 Months) | 7.49% | 8.49% |
| 15 Years (180 Months) | 7.99% | 8.99% |
| Investment properties | ||
| 10 Years (120 Months) | 8.49% | 8.49% |
| 15 Years (180 Months) | 8.99% | 8.99% |
**Home equity loan applications are available for new residential and investment home equity loans. HELOCs and existing loans are excluded. Loans must close within 45 days of application submission. Member merits do not apply. Rates are as low as 7.49% APR and are based on credit qualifications, term of loan, and loan amount. A sample fixed‑rate home equity loan monthly payment based on $50,000 at 7.49% APR for 120 months is $594.41. Taxes and insurance are not included; therefore, the actual payment obligation will be greater. All loans are subject to approval. Rates and terms are subject to change without notice. | ||
Home Equity Loan rates
Primary residence or second/vacation home
10 Years (120 Months)
15 Years (180 Months)
Investment properties
10 Years (120 Months)
15 Years (180 Months)
**Home equity loan applications are available for new residential and investment home equity loans. HELOCs and existing loans are excluded. Loans must close within 45 days of application submission. Member merits do not apply. Rates are as low as 7.49% APR and are based on credit qualifications, term of loan, and loan amount. A sample fixed‑rate home equity loan monthly payment based on $50,000 at 7.49% APR for 120 months is $594.41. Taxes and insurance are not included; therefore, the actual payment obligation will be greater. All loans are subject to approval. Rates and terms are subject to change without notice.
| Details | Home Equity Loan | Credit Card | Personal loan |
|---|---|---|---|
| Loan amount | $50,000 | $50,000 | $50,000 |
| Term (Months) | 120 | 120 | 120 |
| APR% | 7.49% | 21.00%*** | 12.00%*** |
| Monthly payments | $594.41 | $999.64 | $717.39 |
| Average monthly interest | $177.73 | $582.97 | $300.72 |
| Total interest | $21,328.10 | $69,955.97 | $36,086.06 |
***Average interest rates for personal loans and credit cards are based on the national average. These examples are hypothetical and are for illustrative purposes only. We cannot and do not guarantee their applicability or accuracy in regard to your individual circumstances. We encourage you to seek personalized advice from qualified professionals regarding all personal finance matters. | |||
Home Equity Loan Comparison Chart
Loan amount
Term (Months)
APR%
Monthly payments
Average monthly interest
Total interest
***Average interest rates for personal loans and credit cards are based on the national average. These examples are hypothetical and are for illustrative purposes only. We cannot and do not guarantee their applicability or accuracy in regard to your individual circumstances. We encourage you to seek personalized advice from qualified professionals regarding all personal finance matters.
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