placeholder for jump to top link Join Chat Log In Menu Tap into your home’s equity. Home Equity Loans Apply Now Contact Us Rates as low as 3.99% APR1 The right fit when you need flexibility Borrow equity in one lump sum for any reason Access up to 90% of your home's equity Borrow between $5,000 and $200,000 Rate and payment fixed for the length of your loan No closing costs* Receive your funds as a lump sum deposited into your Credit Union ONE Checking or Savings account for easy access Home Equity Line of Credit Get a variable rate as low as 1.99% APR*. Then a variable rate, currently between 3.25% - 5.75% Learn More Easily access your home's equity. While you're paying off your first mortgage, you can take out a second one as a Home Equity Loan to address any major expenses that pop up. Your Michigan home can hold the key for the financing you need to pay for home improvements, consolidate debt and address larger expenses such as higher education. Credit Union ONE's Home Equity Loan rates are structured to give you the most value for your money so you can reach more of your financial goals. Apply online or visit us at one of our convenient locations throughout Michigan including metro Detroit, Grand Rapids, Traverse City and beyond. Get a Home Equity Loan today. Apply Now Related resources Loan Comparison Calculator Home Budget Calculator Frequently Asked Questions 1 Home Equity Loan: APR as low as 3.99%. Approval and actual rate offered is based on creditworthiness factors, term, amount, collateral, and loan to value. Offer applies only to principal residences in the state of Michigan. Excludes manufactured homes not on a permanent foundation. Minimum loan amount is $5,000; maximum is $200,000. Rates and Terms subject to change. Approximate monthly payment would be $18.54 per $1,000.00 for 60 months with an APR of 3.99%. Maximum loan to value is 90%. Offer may be discontinued at any time without notice. Other conditions may apply. Credit Union ONE waives fees for Collateral Valuation (including appraisal if required), Credit Report, Flood Certification, Junior Title Policy and Mortgage Recording. Applicant pays appraisal fee which is fully reimbursed at closing if loan approved and loan closes within 45 days of application. Not sure how to get started? How to Open an Account What you need to get started Chat Online Connect with a member service representative through our site. Talk to a Loan Specialist 833-897-6777 Find a Branch Come into one of our convenient locations. Featured offers Previous Home Equity Line of Credit Next Explore More Credit Union ONE is a Michigan credit union offering checking accounts, credit cards, mortgages, competitive rates, online and mobile banking and much more. Bank online or visit us today in Ann Arbor, Berkley, Davison, Detroit, Farmington, Ferndale, Grand Rapids, Lincoln Park, Macomb, Shelby Twp, St. Clair Shores, Southfield, Sterling Heights, Traverse City, Troy, Waterford, West Bloomfield, Westland, or Woodhaven, MI. Learn Connect Go Routing Number: 272479841 Bauer 5-Star Rated Credit Union ONE Headquarters 400 E. Nine Mile Road, Ferndale, MI 48220-1774 Sitemap Privacy Statement Website Accessibility © 2021 Credit Union ONE. Credit Union ONE is federally insured by the National Credit Union Administration and is an Equal Housing Lender. Your savings federally insured up to $250,000 and backed by the full faith and credit of the United States Government. Back to top