The Equity you have built up in your home is a very valuable asset!

Why not take advantage of this with a Home Equity Loan through ServU FCU? We offer both Fixed Rate Home Equity Loans and Home Equity Line-of-Credit Loans. You can borrow up to 90% of the value of your home with most closing costs waived!*

View our current rates.


Membership loyalty pays off big with a ServU Credit Union Home Equity Loan! 

Members can get up to 1% off the current loan rate by having the following products/services

  • .25% decrease automatic home equity loan payment from ServU membership
  • .25% decrease for new or existing ServU Visa Card with $2000 minimum credit limit
  • .25% decrease for a new or existing ServU ETC debit card
  • .25% decrease for ServU checking account in good standing
  • .25% decrease for ServU E-Statements Setup
  • .25% decrease for Life or Disability Insurance

Includes 80% LTV & 90% LTV Home Equity Loans and Collateral Mortgages only. Rate reduction amount depends on number of qualified products or services.
Some applicants may not qualify for some products or services. Loans subject to credit approval. Rates subject to change. 


A Home Equity Loan may be used to:

  • Consolidate your debt into one payment
  • Make home improvements
  • Pay for college tuition
  • Purchase a new car
  • Take your dream vacation
  • Purchase a vacation home

What is a Home Equity Loan?

A Home Equity Loan is a loan based on the market value of your home less any mortgages. Equity is the value that you have in your property over and above any mortgage balance. Every time you make a mortgage payment your equity increases. A ServU FCU Home Equity Loan enables you to utilize the equity in your home with one of the most attractive rates offered at the Credit Union.

The Credit Union provides several types of Home Equity Loans to accommodate our members' needs at the best possible rate.


Home Equity Line-of-Credit

A Home Equity Line-of-Credit is an ideal program when you want funds readily accessible in a quick and convenient manner. Your credit limit is set at closing which allows you the convenience of advancing money only when you need it.

Advantages of a Home Equity Line-of-Credit:

  • Low Closing Costs*
  • Credit Limit is Set at Closing - one time application
  • Use only as needed
  • Only pay interest on the funds you advance
  • Loans remain at ServU FCU
  • Interest may be tax deductible-consult your tax advisor
  • Convenient payroll deduction
  • Variable Rate Feature** (compare the different Line-of-Credit plans)

Home Equity Closed-End

The Closed-End Home Equity is an EXCELLENT program for those members with a one time need. All funds are received at closing and you are given a fixed interest rate and payment.

Advantages of a Home Equity Closed-End:

  • Low Closing Costs*
  • Fixed Interest rate for the life of loan
  • Fixed monthly payment
  • Convenient payroll deduction
  • Interest may be tax deductible-consult your tax advisor

* Subject to reimbursement of closing costs if the Home Equity is paid off and closed within 36 months of origination. Member may also be responsible for fees including attorney fees and interior portion of appraisal fee as well as any discharge fees (if applicable). 

** The interest rate on the Home Equity Line-of-Credit loan is an adjustable rate based on the prime rate.

Click here to see the variety of Home Equity Line-of-Credit loans offered by ServU FCU.

Don't forget to ask your credit union about credit life and credit disability insurance protection. It provides a convenient and affordable way to safeguard your loan.