Home Equity Loans are a great way to utilize the equity you have built up in your home for any number of reasons.
A Home Equity Loan may be for a fixed amount, or it may be a line of credit that you may draw on as you see fit.
Nutmeg State Federal Credit Union's Home Equity Loans may be up to 80% of the value of your home less the outstanding balance on your first mortgage
Nutmeg State Federal Credit Union offers home equity loans with fixed rate terms ranging from 5 years to 15 years & lines of credit with a 7 year advance period followed by a 10 year repayment feature.
You may apply for either type of loan through this web site. In many cases, you will recieve a full credit approval upon completion of the application.
Once your loan request has been approved, we will determine the value of the subject property and confirm the amount of outstanding liens on the property. A representative will be contacting you within 24 hours of your submission to advise you of any additional documentation needed to complete the process.
If you are ready to apply, first select the loan that is right for you with our Loan Consultant in the Choose section. After selecting your loan program, you may continue onto the application.
To speak to a loan officer regarding NSFCU's home equity options, call (800) 526-6933 or complete the Contact Us form and a respresentative will get back with you shortly.