The amount you can borrow with a Fixed Rate Home Equity Loan depends on your available equity, credit history, income, property value, and the balance of any existing mortgage or liens on the property. At People Driven Credit Union, your approved loan amount will also depend on the loan-to-value ratio for the property and the overall details of your application.
People Driven Credit Union offers Fixed Rate Home Equity Loans starting at $5,000 for eligible primary residences, second homes, and investment properties. Because approval is subject to application, credit, and property considerations, the best way to find out how much you may be able to borrow is to review your options with our team.
To get a personalized estimate, call 248-263-4100 or connect with a Home Equity Specialist.
