Home > Loan & Credit > Home Equity Loans | Wanigas Credit Union

Is it time to put the equity you’ve been building up in your home to work for you?  Wanigas Credit Union offers both a fixed rate home equity loan and a variable line of credit as easy ways for you to borrow money when you need it.


Get the Credit You Deserve

Looking to make some major renovations? Don't put it off any longer! Go ahead and build that dream backyard, remodel, or fix that leaking roof. It is easy with Wanigas's Fixed Rate Home Equity Loan or Home Equity Line of Credit.


Say YES to your 2022 Goals and Wanigas Will Waive the Appraisal Fee*

Say Yes to your Goals and Wanigas will Waive the Appraisal Fee*!

*Valid only on one-unit single-family primary residence for loan amounts of $10,000 and greater. Loans currently financed with Wanigas CU are not eligible for this offer unless the balance increases by $10,000 or more. Cannot be combined with any other offer. Borrower must qualify under normal Home Equity loan guidelines. Some restrictions may apply. Offer valid January 1, 2022 through June 30, 2022. NMLS# 402179


No Closing Costs* Home Equity

If you recently financed your mortgage with Wanigas Credit Union, you may qualify for a No Closing Costs* home equity loan or home equity line of credit.

Many home values have increased, creating the perfect opportunity to fund home rennovations, update appliances, consolidate debt and more!  At Wanigas, we're not just lenders, we understand home ownership and the demands of life. We want to help you not just imagine the possibilities, but make whatever your dream or need is a reality. It's Time For You To Shine!

In the market for a new home? Finance with Wanigas, we have competitive rates, promotional offers and a variety of mortgage programs to suit any homebuyer’s needs. Plus, you may qualify for a No Closing Costs* home equity loan or home equity line of credit.

*$5 member share account required. Valid on single-family primary residence mortgage loans that have financed with Wanigas Credit Union within the last 6 months. New Home Equity loan/Home Equity Line-of-Credit amount must be $10,000 or greater. Cannot be combined with any other offer. Normal Home Equity loan, Home Equity Line-of-Credit guidelines apply. For Fixed Rate Home Equity loans, a lender credit for any applicable closing costs will be disclosed after final loan approval. Some restrictions may apply. Must apply within promotional period January 1, 2022 through March 31, 2022 to receive offer.


RECEIVE A $25 DEPOSIT** TODAY!

Apply for a Wanigas Mortgage online and we’ll deposit $25** into your Wanigas primary savings account, just to thank you for your application! Applying online is quick, secure, and easy – and you can receive our $25 thank-you deposit**!

**Loans currently financed with Wanigas CU are not eligible for this offer. Mortgage loan application must be submitted online, approve and loan closed to qualify. Offer does not include line-of-credit loan types. Offer valid through March 31, 2022.

Click Here to Learn More


Home Equity Options

Fixed Rate Home Equity Loan

A Fixed Rate Home Equity Loan is perfect for those who have a large, one-time expense. It offers a fixed rate and a steady repayment schedule for the life of the loan.

Click Here to learn more about Fixed Rate Home Equity Loans

Home Equity Line of Credit (HELOC) 

A Home Equity Line of Credit (HELOC) is for projects that rely on multiple expenses or for those who want ongoing access to funds. HELOC's have flexible payment options and are treated similarly to credit cards.

Click Here to learn more about Home Equity Line of Credit (HELOC)


Compare Equity Options

Fixed Rate Home Equity Home Equity Line of Credit
Rate Fixed Rate for Full Term Revolving Credit Line, Variable Rate
Amounts Loans up to $200,000 or up to 95% of your homes appraised value Loan amount up to $200,000 or up to 90% of your homes appraised value
Click Here to learn more about Fixed Rate Home Equity Loans Click Here to learn more about Home Equity Line of Credit (HELOC)


Applying for a Fixed-Rate Home Equity Loan or Line-of-Credit

When you apply for a home equity loan or line of credit, you’ll need:


Ready to Apply for a Home Equity?

Applying is easy, Click ‘Apply Now’ and choose ‘Create Account’ to begin.

Click Here and then choose 'Refinance a home' to Apply for a Fixed Rate Home Equity Loan

Click Here and then chose 'Home Equity line of credit' to Apply for a HELOC Loan

For more information call (989) 799-6011 or (800) 675-2285 ext. 782 to speak with a mortgage specialist.

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