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Home Equity Loans

AVAILABLE only in the state of IOWA.

Borrowing against the equity in your home is an excellent way to get low cost credit and take advantage of available tax deductions on your real estate loan.

You may borrow up to 80% of the equity in your home to fund a remodeling project, a vacation, a vehicle, or any other worthwhile purchase. We offer repayment terms up to 7 years and the interest you pay on the loan may be tax deductible (consult your tax advisor).


Assessed value of your home $75,000
x 80%
Equity in your home $60,000
Less current mortgageĀ  ($45,000)
Home equity loan value $15,000Ā 

Must be 18 years of age to apply

Apply for a Loan

If you prefer, call the credit union at 641-754-4501.