Home Equity Loans. Endless Possibilities.

Tap into your home’s equity to tackle that remodeling project, to consolidate debt, or to finance practically anything. And the interest paid may be tax deductible.*

Jake, an Affinity Plus member, in front of a home with solar panels
Jake, Minnesota Resident

What you get

Low Closing Costs

We keep our closing costs low without extra fees.† And you’ll know early on what you’ll pay.

Competitive Rates

Save money over the loan term with our competitive rates.

And make extra payments or pay off early without penalty fees.

Personal Service

Your dedicated Affinity Plus mortgage loan officer will guide you through the whole loan process.

MyPlus Rewards™

Earn 8 MyPlus Rewards points a month per $1,000 in average daily loan balances. And redeem them for travel, gift cards and more.

Your Home Equity Options

Home Equity Loan

Get a lump-sum loan with a predictable monthly payment, so you can manage your budget.

  • Low, fixed rates
  • Flexible repayment terms
  • Convenient one-time disbursement of funds

Home Improvement Loan

Finance home projects, even if you don't have equity built up.

  • Low, fixed rates
  • Flexible repayment terms
  • Convenient one-time disbursement of funds

Home Equity Line of Credit (HELOC)

Access funds as needed from a HELOC with a low, variable rate.1

  • Low minimum monthly payments2
  • Pay interest only on the amount currently advanced
  • Funds become available for use again as you pay down the balance

Home Solar Loans

Get funding for solar panels and their installation.

  • Low, fixed interest rates
  • Loan amounts up to $100,000

Getting Started is Easy

Get Started

Apply online to start the approval process. A mortgage loan officer will reach out to complete the application process.

Returning Applicants

Return to an application you've already started, securely upload documents, and check the status of your application.

We're here to help.

You can connect with a mortgage loan expert for questions you have about our home loans.

Cash-Out Refinance

Another option you might want to consider is doing a Cash-Out Refinance of your existing mortgage. Then you get cash at closing to pay off debt or tackle home projects.

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Disclosures

Home equity loans and home equity lines of credit are secured by a second-position mortgage lien on the property. No down payment is required. Loan must be repaid with monthly electronic or Automated Clearing House (ACH) payments over the term of the loan. Loan approval is subject to credit approval and program guidelines. Interest rates and program terms are subject to change without notice. Homeowner's property insurance is required, and flood insurance may be required. New or existing Affinity Plus membership is required.

* Consult a tax advisor to determine the tax benefits based on your individual situation.

Closing costs will apply ranging from $340 - $1,000. Ranges are based on a minimum loan amount of $10,000 and a maximum of $100,000.

1. The annual percentage rate (APR) for home equity lines of credit are based upon The Wall Street Journal Prime Rate ("Prime") plus a margin, and will vary with Prime. The maximum APR is 18%. Your APR will be based on the prevailing variable-rate index value, your credit qualifications, the amount of your credit line, Combined Loan-to-Value (CLTV), and/or property type. Minimum credit line is $10,000. Maximum credit line is $100,000. 10-year draw period followed by a single balloon payment of the entire outstanding balance.

2. Your monthly payment will be 1.25% of the loan balance as of the last advance or $50.00, whichever is greater.