Island Federal Credit Union
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Fixed Rate Home Equity Loan
The most popular loan around

  • Low rates so you can get the financing you need.

  • Use it for any purpose: Pay off high-interest debt, improve your home, pay for college, buy a car — even take a vacation.

  • Borrow up to 100% of your equity (minus your outstanding mortgage) — up to $300,000 — if you qualify.

  • Interest is generally tax deductible, in most cases (consult your tax advisor).

  • Fixed rate and flexible repayment terms (from 12- to 240 months) for added peace of mind.

  • Receive an answer on your application in 24 hours.

  • Optional, convenient automatic payroll deduction available.

Apply now, it's easy.

Quick Home Secured Balloon Loan

  • Low interest rate is fixed for 5 years

  • Repayment term is 240 months

  • Borrow up to 80% of your equity (minus your outstanding mortgage) - up to $300,000 - if you qualify.

  • Principle and interest or interest only payment option is available.

Apply now, it's easy.


Loan Center
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