Maximize the equity in your home or vacation property with a home equity loan from SPIRE. Funds can be used for anything - home improvements, debt consolidation, medical bills, or that trip of a lifetime!

APPLY for HOME EQUITY LOAN


Graphic: It's time for a home equity loan.  Enjoy $500 maximum closing costs.  Ask for details

 
Calculator icon
 


 

PAYMENT CALCULATOR

Explore your payment options and calculate your monthly payment.

PAYMENT CALCULATOR



NMLS #469510
NMLS ACTIVE Numbers

Rates

Home Equity/First Lien Position

 

APR*
as low as

Term

Monthly Payment2

Home Equity - 5yr. LTV up to 80%

3.250

60

$1808.00

Home Equity - 5yr. LTV up to 90%

4.125

60

$1847.30

Home Equity - 7yr. LTV up to 80%

3.375

84

$1338.30

Home Equity - 7yr. LTV up to 85%

4.375

84

$1384.21

Home Equity - 10yr. LTV up to 80%

3.500

120

$988.86

Home Equity - 15yr. LTV up to 80%

3.750

180

$727.22

View all Home Equity Rates View Loan Rates


*Annual Percentage Rate 
2Rates disclosed include a .25% discount for automatic payment. Principal & interest payment based on loan amount of $100,000.

 

APPLICATION CHECKLIST

Have the following available when applying for your loan:

  • Your first (and second) mortgage loan information including where loan is financed, monthly payment amount and balance, if applicable.
  • The annual amount of your property tax and homeowner’s insurance costs if not included in your first mortgage payment amount.
  • Annual or hourly income information for all applicants on the loan along with the employer’s name, date of hire and current position.
  • Driver’s license and social security numbers for all applicants on the loan.
  • For debt consolidation, have the creditor's name(s) and the balance owed for those pay-offs.
father and son build snowman outside home
SPIRE Home Equity Loans

SPIRE HOME EQUITY LOANS 

Choose the loan that works best for you and meets your goals.
 

Home Equity Fixed Rate/First Lien Position

Get the funds in a one-time lump sum with a fixed term and consistent payment over the life of the loan.
Borrow up to 80% of the value of your primary or vacation home
5-15 year terms available
Low fixed rates won’t change over the term of the loan
Minimum loan amount is $10,000 and maximum is $453,100

Apply Now

 

Home Equity Fixed Rate/Second Lien Position

Borrow up to 90% of the value of your primary home
5-15 year terms available
Low fixed rates won’t change over the term of the loan
Minimum loan amount is $10,000 and maximum of $250,000.

Apply Now

 

Jumbo - Home Equity Fixed Rate/First Lien Position

Borrow up to 80% of the value of your primary home
5-15 year terms available
Low fixed rates won’t change over the term of the loan
Maximum loan of $750,000
Competitive rates available
Contact us about Jumbo loan rates

Apply Now

 

Home Equity Line of Credit

Not sure how much you need or when you’ll need it? A home equity line of credit is revolving and works similar to a credit card. Get the funds when you need them and pay interest only on the balance.

Borrow up to 75% of the value of your primary home
Interest-only payments available during draw period
Variable rate loan
Minimum loan amount of $10,000
Maximum loan amount of $100,000

Apply Now

 

Interest may be tax deductible. See your tax advisor for complete details. Property must be located in the State of Minnesota or Wisconsin. Property insurance is required.

*SPIRE member responsible to pay up to $500 toward closing costs, which includes the cost of the required appraisal. If the loan does not close, the cost of the appraisal will not be refunded. SPIRE will pay closing costs in excess of $500, excluding fees incurred for subordinations. Minimum loan amount is $10,000. A minimum of $10,000 must be new money to SPIRE. Maximum $750,000 loan amount for senior lien. Maximum loan amount $200,000 for junior lien. Maximum combined loan to value is 80%. Property must be the primary residence. Property insurance is required. Residential properties only located in MN or WI. Commercial, agriculture and large acreage properties excluded from offer. Offer subject to termination at any time. Rates and terms are subject to qualification. Borrower must meet membership requirements to qualify. Other restrictions may apply. See your tax advisor for details regarding interest deductibility. Offer valid until 6.30.18.

Driven by

MIDWESTERN VALUES

Founded in 1934, SPIRE upholds the values of honesty, integrity and hard work. We strive to make it easy to do business with us and truly care about our members.


Contact SPIRE.

We are here to improve lives.

651.215.3500 or 888.34.SPIRE

Visit us at a Branch

Quickly locate a nearby branch.

Current Promotions

Find out how you can save money today.

LEARN MORE