Current Rates: Home Loans
WSJ Prime = Wall Street Journal Prime Rate (View current WSJ Prime Rate)
Rates displayed are accurate as of 1/1/2017. Rates are subject to change at any time.
Learn about Home Equity Loans | Apply Online
Fixed Home Equity Loan Rates
|Term...||3- or 5-Years
Limited Time Offer:
|700 – 749||5.24% 3.99%¹||5.74%||6.69%|
|660 – 699||6.24% 4.99%¹||6.74%||7.69%|
|620 – 659||7.24% 5.99%¹||7.74%||8.69%|
|Under 620||8.24% 6.99%¹||8.74%||9.69%|
Home Equity Line of Credit Rates
|700 – 749||WSJ Prime + 1%|
|660 – 699||WSJ Prime + 2%|
|620 – 659||WSJ Prime + 3%|
|Under 620||WSJ Prime + 4%|
*Closing costs exist and may affect APR (Annual Percentage Rate). Rates advertised for financing up to 80% LTV (loan-to-value). Borrowers with credit score of 700 or higher may apply to finance up to 90% LTV. If LTV is higher than 80%, 2.00% will be added to the approved interest rate. Fixed home equity loan rates advertised are for 2nd lien home equity loans; 1st lien home equity rates may be lower. Call Lanco FCU for a rate quote.
¹Advertised APR (Annual Percentage Rate) is accurate as of 1/1/2017 and applies to a fixed home equity loan of $5,000 or greater, with a 36- or 60-month term, and 80% loan-to-value maximum. Borrowers refinancing a Lanco FCU loan with less than 25% in additional new funds do not qualify for this offer. Payment example: A loan of $20,000 for 5 years at 2.99% will have a monthly payment of $359.30. Closing costs exist and may affect APR. One- to four-unit owner-occupied residential properties only. Property insurance required. Flood insurance may be required. First or second lien positions only. Offer may be changed or withdrawn at any time.