Clear in 10 and Free in 15 Home Equity Loans

Clear in 10 and Free in 15
New types of home equity loans allowing you to consolidate debt and live life more fully, faster!
 

Want to pay off your mortgage early and get relief from that monthly payment, plan for the future and focus on your financial freedom? Greater Iowa can help with Clear in [10] - our 10-year, fixed-rate, first lien position home equity loan. You'll get a great rate that is locked in for the life of the loan, get your mortgage paid off faster, and save a lot on interest.

Mortgage (192 months) Clear in [10] Home Equity Loan
Loan Amount $100,000 $100,000
Remaining Term 192 months 120 months
APR* 6.50%* As low as 4.74%*
Interest Paid $61,102.45 $25,759.05
Total Interest Saved $35,353.40

Is 10 years too aggressive for your current financial situation? No problem! Greater Iowa is now introducing Free in [15] - our 15-year, fixed-rate, first lien position home equity loan. Another great option and great rate locked in for the life of the loan, allowing you to reach mortgage freedom faster with interest savings!

Mortgage (192 months) Free in [15] Home Equity Loan
Loan Amount $100,000 $100,000
Remaining Term 192 months 180 months
APR* 6.50%*

As low as 5.24%*

Interest Paid $61,102.45 $44,603.36
Total Interest Saved

$16,499.09

     Current Rates                        Apply Now      

     Looking for a standard home equity loan or line of credit? Click here!     

Terms and Conditions:

*APR = Annual Percentage Rate. Fixed loan rate and expressed “as low as.” Loans subject to approval. Rates, terms and conditions subject to change and may vary based on qualifications, including creditworthiness, loan-to-value ratio and collateral conditions. Loan must be in first lien position. Payment example: a $50,000 Clear In 10 Loan amortized for 120 months at 4.74% APR, the monthly payment will be $524.00. Payment example: a $50,000 Clear In 15 Loan amortized for 180 months at 5.24% APR, the monthly payment will be $401.68.  Offer valid on applications received by September 30, 2022 and closed by October 31, 2022. Offer cannot be combined with any other offer. Home Equity Loans and Home Equity Lines of Credit are only available in Iowa. Greater Iowa Credit Union reserves the right to discontinue the offer at any time.

Payment example does not include any required taxes and insurance premiums, so the actual payment may be greater. Any additional costs such as appraisal fees and title guaranty will be reviewed with member and included in closing costs if required. GICU membership required with minimum deposit of $5 in Member Share Draft Account. Advertised rate effective as of August 1, 2022. See GICU for complete details. NMLS #1329773