Real estate loans
Fixed rated — We have a variety of fixed-rate, long-term mortgage products available through Midwest Loan Services. Midwest will work with you through your entire loan process – from application through settlement. These loans must meet secondary market requirements.
Adjustable rate mortgages (ARMs) — We have a variety of adjustable rate mortgages available, including a 5/1 ARM, 5/5 ARM, 7/1 ARM and 10/10 ARM. Interest rates are indexed off of Wall Street Journal Prime and are based on credit worthiness.
Home equity loans
Standard home equity — Everence Federal Credit Union offers a standard home equity loan at a fixed rate for five or 10 years, with rates based on credit worthiness.
Home equity lines of credit
Fixed rated — Up to 90 percent of the value of your property, depending on credit score and amount of the loan. (Available with a four-year draw period).
Adjustable rate — Up to 90 percent of the value of your property, depending on credit score and amount of the loan. (Available with a ten-year draw period).
- To apply: To apply for a Everence Federal Credit Union home equity line of credit, go to our secure online application.