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Wanigas Credit Union
Wanigas Credit Union
It's time for you to shine
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Home Equity Loans

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


  • Fixed rate loans for 10- or 15-year terms
  • Available on single family homes, condominiums, manufactured and duplex homes
  • Allowed on primary and secondary homes
  • We’ll lend up to 95% of the appraised value of your home
  • Non-refundable appraisal fee is collected when you apply (usually around $450)
  • Loan amounts up to $100,000


  • Variable rate – based on Wall Street Journal Prime Rate
  • We’ll lend up to 90% of the appraised value of your home 
  • Available on single family home, condominiums, manufactured and duplex homes
  • Allowed on primary residence only
  • Loan amounts up to $100,000
  • No minimum advance or balance
  • Affordable payments that are amortized between 180 to 360 months
  • $50 annual fee
  • Easy access with convenience checks, EZ Telephone Banking and online banking
Loan-To-Value Up To APR as low as* Maximum APR

Home Equity Line Of Credit - Variable Rate

90% 5.250%* 16.000%

*APR = Annual Percentage rate. Rates listed represent our best rate and are subject to credit approval. Member's rate may vary from the above rate and will be determined after a review of the credit history.

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:

  • Proof of income for all borrowers like a recent paystub, Social Security statement or pension statement
  • W2s and tax returns for the last two years
  • Current property tax bill
  • Homeowner’s insurance information

You can apply for a Wanigas Credit Union home equity line of credit using the Wanigas Mobile App, over the phone or stop by one of our branches today.

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National Credit Union Administration Equal Housing  Opportunity This Credit Union is federally insured by the National Credit Union Administration.
Equal Housing Lender, we do business in accordance with Federal Fair Lending Laws.