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Home Equity Loans & Lines of Credit

Low rates, great repayment terms, and our experienced team on your side – get a home equity loan or home equity line of credit with Centris to pursue your financial goals.

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Get the Money You Need, When You Need It

iconHome Renovations

iconDebt Consolidation

iconEmergency Expenses

Home equity loans can provide the money you need at lower interest rates than other options, including personal loans and credit cards.

Work with Our Friendly, Professional Team

Our team takes pride in working directly with our members to help them achieve their unique financial goals. We’ll work with you to make sure you’re getting exactly what you need from your home equity loan. Get in touch with our team today to get started.

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About Home Equity Loans & Lines of Credit

How Home Equity Loans Work

A home equity loan is a way to draw on money using your home as collateral. Essentially, it’s a second mortgage on your home that gives you a lump sum of money to use for things like home renovations, emergency expenses, and more. Because you’re using your home as collateral, you’re able to receive low fixed rates. This is one of the biggest advantages of home equity loans.

Advantages of Home Equity Loans 1

  • Lower interest rates than other common loan options
  • Fixed rates with predictable payments
  • One of the best loan options for large sums of money
  • Great for large projects that you’ll complete at once (such as a bathroom renovation)

How Home Equity Lines of Credit Work

With a Home Equity Line of Credit (HELOC), you can advance funds on an as-needed basis at rates lower than a credit card. With a HELOC, you can borrow what you need and pay interest on only what you use.

Advantages of HELOC 2

  • Borrow when you need it
  • Pay off your current balance at any time and borrow again
  • Flexibility in how the funds are used
  • Great for homes that need ongoing repairs here and there
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Current Rates

Home Equity Loans

91-100% Financing

TermFixed APR
48-72 MonthsAs low as 9.99%*
73-120 MonthsAs low as 10.99%*

81-90% Financing

TermFixed APR
48-72 MonthsAs low as 7.49%*
73-120 MonthsAs low as 8.00%*
121-180 MonthsAs low as 8.00%*

0-80% Financing

TermFixed APR
48-72 MonthsAs low as 6.25%*
73-120 MonthsAs low as 6.75%*
121-180 MonthsAs low as 6.75%*
* Annual Percentage Rate (APR) is accurate as of August 1, 2022. To qualify for this rate, you must have an automatic payment from a checking account. Taxes and insurance premiums not included in payment. Real estate closing costs/fees vary based on loan amount, location and type of loan. For example, a $10,000 loan for a term of 72 months with a 9.99% APR for 91-100% financing would have a monthly payment amount of $186.73. For example, a $10,000 loan for a term of 72 months with a 7.49% APR for 81-90% financing would have a monthly payment amount of $173.92. For example, a $10,000 loan for a term of 72 months with a 6.25% APR for 0-80% financing would have a monthly payment amount of $167.77.

Home Equity Line of Credit

12 Month Introductory RateAPR
LTV 0-80Variable* as low as 3.49%
LTV 81-90Variable* as low as 3.49%
LTV 91-100Variable* as low as 3.49%
Rate After Introductory PeriodAPR
LTV 0-80Variable* as low as 4.75%
LTV 81-90Variable* as low as 5.75%
LTV 91-100Variable* as low as 6.75%
*VARIABLE RATE INFORMATION: The Annual Percentage Rate (APR) is accurate as of August 1, 2022 and may vary quarterly. The APR is based on the Wall Street Journal Prime Rate. The introductory rate will be in effect for 12 months. Thereafter, the APR will be based on the prime rate plus a margin of up to 2.00%. The maximum APR that may apply is 18%. Loan fees and closing costs may vary and are typically between $400-$500. During the repayment period at years 11-20, payment is calculated at 1.5% of amount owed or $100, whichever is greater. Other restrictions may apply. All loans subject to credit approval. Minimum loan amount for home equity line of credit is $10,000. Federally insured by NCUA. The rates may vary based on individual creditworthiness and underwriting factors. Programs, rates, terms and conditions are subject to change without notice.

Apply for Your Home Equity Loan

Contact our team to start the application process for a home equity loan or line of credit.

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1 Rates may vary based on individual creditworthiness, term of loan and underwriting factors. Subject to credit approval. Minimum loan amount for a home equity loan is $10,000. Programs, rates, terms and conditions are subject to change without notice. Inquire at Centris for complete terms and conditions at (800) 334-2328.

2 *VARIABLE RATE INFORMATION: The Annual Percentage Rate (APR) is accurate as of August 1, 2022 and may vary quarterly. The APR is based on the Wall Street Journal Prime Rate. The introductory rate will be in effect for 12 months. Thereafter, the APR will be based on the prime rate plus a margin of up to 2.00%. The maximum APR that may apply is 18%. Loan fees and closing costs may vary and are typically between $400-$500. During the repayment period at years 11-20, payment is calculated at 1.5% of amount owed or $100, whichever is greater. Other restrictions may apply. All loans subject to credit approval. Minimum loan amount for home equity line of credit is $10,000. Federally insured by NCUA. The rates may vary based on individual creditworthiness and underwriting factors. Programs, rates, terms and conditions are subject to change without notice.