Home Equity

GreenState Credit Union is a top home equity lender in Eastern Iowa.

Put Your Home’s Equity to Work!

A fixed rate line of credit allows you to establish a credit line and then advance funds as you need them. An equity loan has a fixed term. Equity loans are ideal for members that have a particular project or purchase in mind, and therefore know the exact amount they need to borrow.

Did You Know?

You can use your home equity funds for almost whatever you like: home improvements, finance an education, consolidate high-interest debt, or take a vacation. It’s up to you!

Home Equity Loan

Fixed terms of 5, 10, or 15 years 1.

Great rates and low fixed payment. 

Borrow up to 90% of your equity. 

No prepayment penalties.

Flexibility on loan purpose.

Apply Online

Home Equity Line of Credit (HELOC)

Fixed term of 5 years 2.

Advance funds as you need them.

No prepayment penalties

Flexibility on loan purpose

Apply Online


All loans are subject to approval.

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Fixed Rate Home Equity Loans - Home Equity Loans are fixed rate loans for fixed terms (5, 10, or 15 years). For example, 60 monthly payments of $20.15 per $1,000 borrowed at 7.74% APR. The payment example does not include taxes or insurance and the actual payment obligation may be greater. Use up to 90% of your equity. Rate is based on credit history and loan-to-value (LTV). Rate above assumes a LTV of 80% or less. Closing costs are $400 in Iowa; $400 in Wisconsin; $500 in Illinois; unless full appraisal needed (appraisal estimate $495). Homeowners insurance required. No prepayment penalties. All loans are subject to approval.