Low Interest Home Equity Loans
Financing for nearly any purpose
A Lanco FCU home equity loan or line of credit offers a great rate on financing you can use for nearly any purpose. Learn more about home equity loans.
Unsure whether to apply for a loan or line of credit?
Applying for a home equity loan or line is a multi-step process, and it would be our pleasure to help you get started on the right path. By discussing your borrowing needs, we can help you determine whether a loan or line of credit is the better fit. Just give us a call at (717) 569-7180 or (888) 318-4222 and ask to speak with a lender.
Fixed Home Equity Loan Rates
| Credit Score | APR¹ | |||
|---|---|---|---|---|
| Term… | 3-Years | 5-Years | 10-Years | 15-Years |
| 750+ | 6.74% | 6.99% | 7.49% | 8.24% |
| 700 – 749 | 7.74% | 7.99% | 8.49% | 9.24% |
| 660 – 699 | 8.74% | 8.99% | 9.49% | 10.24% |
| 620 – 659 | 9.74% | 9.99% | 10.49% | 10.40% |
| Under 620 | 10.74% | 10.65% | 10.54% | 10.40% |
Home Equity Line of Credit (HELOC) Rates
| Credit Score | APR² |
|---|---|
| 750+ | 8.50% |
| 700 – 749 | 9.50% |
| 660 – 699 | 10.50% |
¹Annual Percentage Rate (APR) accurate as of 11/28/2023 and may change at any time. Closing costs exist and may affect APR. Rates advertised for financing up to 80% loan to value (LTV). Financing up to 90% LTV may be available for borrowers with a credit score of 700 or higher, with 2.00% added to the approved interest rate. Payment example: A fixed home equity loan of $25,000 for 15 years at 7.49% APR will require 180 monthly payments of $231.61. Fixed home equity loan rates advertised are for 2nd lien home equity loans; 1st lien home equity rates may be lower. Call Lanco FCU at (717) 569-7180 for a rate quote.
²APR is accurate as of 11/28/2023 and variable based on the Wall Street Journal prime rate, plus a margin of 0–2, depending on credit score. Rates advertised for financing up to 80% LTV; financing up to 90% LTV may be available for borrowers with a credit score of 700 or higher, with 2.00% added to the approved interest rate.