Low Rates and Helpful Service

Home Equity Loans


NorState Federal Credit Union offers flexibility with your Home Equity Loans.

NorState Federal Credit Union Advantages

  • No prepayment penalties
  • No annual fees
  • Low closing costs
  • Loans available for secondary residences and mobile homes
  • Annual Percentage Rate will not exceed 15%
  • Repayment is only 1% of the outstanding balance
  • No minimum withdrawals
  • Variable Home Equity Program
  • Interest Only Home Equity Program (Pay interest only for 5 years with a variable monthly rate, reverting to 1.5% repayment of outstanding balance)
  • Home Equity Fixed Rates are also available (10,15 & 20 years)
  • Risk Based Pricing - Rates vary depending on your credit history and score
  • Optional Life and Disability Insurance available at a reasonable cost

What you should know about Home Equity Lines of Credit pdf

Contact us and we'll be glad to answer any questions you may have about loan alternatives, rates and the application process.

Easy application process

Apply by phone: (800) 804-7555
Apply online