Home Equity Loans

Family playing in the fall

Let the roof over your head put money in your pocket. With a Quorum home equity loan, you can let the value of your home work for you. 

RealtyLine

Enjoy revolving credit lines starting at $10,000 with market-leading low rates, no application fees, no prepayment penalties, and a 0.10% rate discount if you maintain eStatements!

 

  • Rates as low as 5.25% APR (max 18.00% APR; annual protection cap 2.00%)
  • Borrow up to 100% of your appraised property value, less mortgage balances
  • Monthly principal and interest payments
  • 15-year draw period with a 20-year repayment period
  • Minimum credit line: $10,000

APPLY ONLINE

 

 

1. For all RealtyLine products: Annual Percentage Rate (APR) in effect as of 06/14/18 and subject to change. Maximum APR is 18.00%. The APR is a variable rate, plus or minus a margin, and is based on the Prime rate (index - as published in The Wall Street Journal) plus a margin. The margin is determined based on credit history and combined loan-to-value (CLTV) ratio. Rate will not increase or decrease more than 2% annually. A home equity line-of-credit is secured by the member's home, and is available only for 1-family residential properties and condominiums, excluding co-op's. Minimum line-of-credit amount: $10,000. No draw required at closing. No pre-payment penalty. Mortgage tax may apply in some states. Loans subject to credit approval. RealtyLine loans not available in TX.

 

Interest-Only RealtyLine

Borrow up to 95% of your appraised property value at top-of-market rates.

 

  • Rates as low as 5.75% APR (max 18.00% APR; annual protection cap 2.00%)
  • Borrow up to 95% of your appraised property value, less mortgage balances
  • Monthly interest-only payments (during draw period)
  • 10-year draw period with a 20-year repayment period
  • Minimum credit line: $10,000

APPLY ONLINE

 

1. For all RealtyLine products: Annual Percentage Rate (APR) in effect as of 06/14/18 and subject to change. Maximum APR is 18.00%. The APR is a variable rate, plus or minus a margin, and is based on the Prime rate (index - as published in The Wall Street Journal) plus a margin. The margin is determined based on credit history and combined loan-to-value (CLTV) ratio. Rate will not increase or decrease more than 2% annually. A home equity line-of-credit is secured by the member's home, and is available only for 1-family residential properties and condominiums, excluding co-op's. Minimum line-of-credit amount: $10,000. No draw required at closing. No pre-payment penalty. Mortgage tax may apply in some states. Loans subject to credit approval. RealtyLine loans not available in TX.