Home Equity Loans

Home Equity Line of Credit 

A Bloom Credit Union Home Equity Line of Credit can provide you with affordable financing anytime you need it, with a rate as low as the Prime Rate, so very competitive.**  You can also save money since we don't have an annual fee like most big banks.  Get advances to your Bloom checking account anytime by phone or online.

• Make a home improvement (like a new office)
• No annual fee!
• Pay off higher-rate bank loans or credit cards to save money
• Purchase a new car, boat or RV
• Pay for college expenses, and more

Fixed-Rate Home Equity Loan*

Remodel your home, make a big purchase or consolidate your higher rate bank loan and/or credit card balances into a single, lower-rate loan. We can review your particular situation, and show you your best options to save money, which may include our Fixed Rate Home Equity Loan.

For more information on our mortgage rates, lending options or application, visit our mortgage site.

*Loans are subject to approval. Property insurance is required, flood insurance, appraisal and $250 loan origination fee may be required. **Home Equity Line of Credit is a variable rate loan tied to Prime. Your APR may rise or fall if the Prime Rate changes. The index is the Prime Rate as published in the Money Rate Table of the Wall Street Journal at month-end plus a margin if applicable.  Home Equity Line of Credit Loans that are up to 80% Loan To Value are currently at the Prime Rate.  Bloom Credit Union covers all closing costs (except appraisal fees). APR = Annual Percentage Rate. Rates and terms subject to change.  Member should consult a tax adviser for further information on tax deductibility. 

Current Loan Rates