Take Advantage Of
Your Home’s Equity!
Take Advantage Of
Your Home’s Equity!
The equity in your home is an often-overlooked resource, but it can be a powerful financial tool.
You can use your home’s equity for a number of large expenses, such as home improvements, tuition, or any other unexpected costs that come along.
Home Equity Line of Credit
| Term | Rate/APR | Monthly Payment |
|---|---|---|
| 180 months, up to 80% LTV | 6.75% APR* | $221.28** |
| 180 months, over 80% LTV | 9.75% APR* | $264.93** |
Home Equity Loan
| Term | Rate/APR | Monthly Payment |
|---|---|---|
| 180 Months – 80% LTV Fixed Rate | Contact Branch |
9/1/2026
*APR = Annual Percentage Rate. Rates subject to change. Loans subject to membership eligibility, credit approval and application.
**APR & monthly payment based on a $25,000 loan amount. Monthly payment examples do not include optional Member’s Choice Borrower Security.
NMLS ID #445858
Questions? Please contact us at mortgageapp@glasscityfcu.com
or 419-887-1054.
No Annual Fees and Competitive Rates.
Glass City Federal offers two financing options that are secured by the equity in your home — a Home Equity Line of Credit (HELOC) and a Home Equity Loan.
A Home Equity Line of Credit (HELOC) is a revolving line of credit with a variable interest rate. A HELOC works like a credit card, where you can pay it down at least monthly and continue to borrow up to the maximum amount of the credit limit. The HELOC variable interest rate is based on the value of the highest Wall Street Journal Prime Rate, plus a margin, if applicable. Therefore, a change in the Prime Rate would result in an increased or decreased Annual Percentage Rate and a higher or lower required minimum monthly payment, effective the first day of the following quarter. Please see the HELOC disclosure links below for further details.
Upon qualification, financing over 80% of your home’s equity amount is available with a HELOC. Plus, with Home and Mobile Banking, you can transfer funds from your HELOC to your checking account as needed.
A Home Equity Loan is a fixed rate loan for a specific loan amount. Typically, an Equity Loan is repaid with equal monthly payments for a specific term.
The annual interest paid on your Home Equity Loan or Line of Credit may be tax deductible (consult a tax advisor).
Please contact a Glass City branch for Home Equity pricing and terms.
TruStage™ Debt Protection
Safeguard your family against the unexpected.
Protecting your Home Equity Line of Credit with TruStage Debt Protection may cancel or reduce your loan balance or payments up to contract maximums in the event of involuntary unemployment, disability, or death.*
For additional protections, “Life Plus” can extend your Debt Protection for life events including accidental dismemberment, terminal illness, hospitalization, family medical leave, and the loss of life of a non-protected dependent.
*TruStage Debt Protection is not available for fixed rate Home Equity loans.
Click here for additional details about TruStage Debt Protection options.
For more information about our Home Equity options, please contact our Mortgage Department at mortgageapp@glasscityfcu.com or 419-887-1054.
For more information about our Home Equity options, please contact our Mortgage Department at mortgageapp@glasscityfcu.com or 419-887-1054.
Locations across
northwest ohio
Find a location near you
Five locations in Northwest Ohio make it convenient to be a member no matter where you live or work.
Locations across
northwest ohio
Find a location near you
Five locations in Northwest Ohio make it convenient to be a member no matter where you live or work.
