Have a big home improvement project on the horizon? Want to pay for a major expense like appliances, college tuition, or maybe even a car? Our fixed-rate Home Equity Loans are a smart way to borrow the money.
Essentially second mortgages secured against the value of your home, Proponent Home Equity Loans let you finance a significant amount at rates that are among the lowest in the consumer lending market.
Since they allow you to lock-in a fixed rate and monthly payment, these types of loans make it easy to budget for larger expenses. What’s more, as with a primary mortgage, the interest you pay may be tax deductible.*
No fee to apply
No closing costs
Borrow up to 80% or more of the value of your home
Receive funds in one lump sum
Members with automatic payments enjoy a 0.25% rate reduction off our regularly posted rates.
An additional 0.25% rate reduction is available for members enrolled in our Premium Benefits Service Pack - for a total of up to 0.50% savings.
* Consult your tax advisor for details.