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Home Equity Loans

You have big dreams to accomplish in your life. A FORUM Home Equity Loan can be the financial tool to make those dreams come true. FORUM offers fixed rate home equity loans and interest only lines of credit (HELOC) to give you the greatest benefit for your unique situation.

What is a home equity loan?

A home equity loan is a type of loan that allows homeowners to borrow money based on the value of their home minus the amount they still owe. FORUM's Home Equity Loans feature:

  • Competitive interest rates fixed for term of loan
  • Terms from 72 months to 180 months
  • Various loan to value options 
  • Low interest only payments for line of credit products
  • Equity check writing privileges
  • Online access to funds through CU Online
  • No prepayment penalties
Apply Now »   Credit Line Calculators »   Make Loan Payment »

Why should I use a home equity loan?

Home equity loans typically offer lower interest rates than other types of loans, and the interest may be tax deductible. Be sure to talk to your tax advisor about your specific situation. Plus, choose a fixed rate loan for predictable monthly payments.

What will my tax savings be? »

How can I use a home equity loan?

A home equity loan is a great way to accomplish goals in your life, whether it’s sending your children to college or renovating your home for that much needed space. Use your loan or line of credit for home improvements, debt consolidation, education expenses, and more.

Should I consolidate my debts? »

Rate Discount: FORUM offers a .50% discount on fixed rate home equity loans for qualifying members with an active checking account (Active checking account requires a FORUM checking account with at least 10 transactions the month previous to the application date).

FORUM NMLS #469848