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Home Equity Loans & Home Equity Lines of Credit  
A free credit report for Genisys Credit Union members

Let your house pay you back.
Use the equity in your home for things like home improvements, vacations, debt consolidation, college tuition and more.  

Fixed-rate, fixed-term Home Equity Loan 

  • Apply once for a specific loan amount with a specific term. 
  • Payments will be the same every month until the loan is paid off. 
  • Perfect for members who want to borrow a certain amount and have set monthly payments

Flex Home Equity Line of Credit

  • Apply for a credit limit that you can draw against in various amounts as needed. 
  • Payments will vary from month to month based on the current balance of the line of credit
  • Offers a "Lock" benefit that allows you to convert a portion of the outstanding balance to a fixed rate home equity loan in $5,000 or more increments.
  • Keep remaining portion of your line of credit open for draws and payments as needed
  • Remaining balance stays at the Line of Credit rate.


Home Equity Popular Terms
Effective Date: Sunday, February 17th, 2019
Loan to ValueAPR as low as*Approximate Term
80.00% 3.75% up to 3 years
80.00% 4.49% up to 10 years
95.00% 4.99% up to 7 years
*Rates and terms may vary depending upon credit qualifications and lien position. A full appraisal may be required depending on credit score. Certain criteria must be met to qualify for 95% LTV.  Approximate monthly payment would be $29.41 per $1,000 borrowed at 3.75% for 36 months.

Flex Home Equity Line of Credit
Effective Date: Sunday, February 17th, 2019
Variable Rate
Loan to Value up toAPR as low as*Maximum APR
80.00% 5.25% 9.25%
90.00% 6.00% 10.00%
* Advertised rates are tied to the Prime Rate published in The Wall Street Journal and are based on your credit qualifications. Certain criteria must be met to qualify for 95% LTV.

FAQs on common Home Equity Loan concerns

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NMLS ID# 409008

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