Hero and Champion Account holders receive an additional 0.10% towards Relationship Premium Rates.

Borrow up to 80% of your home’s value minus your first mortgage balance up to $250,000.

Home Equity Loan Disclosures

Loans subject to credit approval. Rates are subject to change at any time.

No application fees and no closing costs. Certain states impose a Mortgage Recording tax at the time a mortgage is recorded and can vary from state, county, and locality.

(1) Home Equity Loans and Credit Lines are not available in Puerto Rico and the states of Alaska, Hawaii and Texas.

(2) The Annual Percentage Rate (APR) is based on individual credit circumstances, amount of equity in the subject property, and includes a 0.30% reduction in rate based on your account services with the Credit Union. Discounted rate example includes a discount of 0.10% for an active checking account (active checking account requires either 1-exisiting checking account with minimum monthly Direct Deposit of $500.00, 2-FRFCU debit card with minimum of 5 transactions in the previous month, 3-Active Bill Pay account); 0.10% for an existing consumer loan (excludes Credit Builder and Personal Lines of Credit); 0.10% for a FRFCU Mortgage or Investment Account. If no qualifying relationship, add 0.30% to the stated rate.

(3) Loan amounts up to $250,000.

(4) For the 5/5 ARM, the Annual Percentage Rate (APR) quoted for the first 5 years is the lowest based on individual credit circumstances for each qualified applicant and the amount of equity in the subject property. After the 60th month, the Annual Percentage Rate (APR) is subject to a one time change for the next five (5) years based on the then current PRIME rate plus a margin based on individual credit circumstances and adjustment cap of 5%, but will never be lower than 3.44% or higher than the maximum allowed by the Federal Credit Union Act, which is currently 18%.