Home Equity

Home Equity; First Lien Position
(Primary Residence) Rates Effective:1/1/2019

APR*
as low as
Term Monthly Payment2
Home Equity - 5yr. LTV up to 80% 3.875 60 $1836.02
Home Equity - 5yr. LTV up to 90% 4.750 60 $1875.69
Home Equity - 7yr. LTV up to 80% 4.000 84 $1366.88
Home Equity - 7yr. LTV up to 85% 5.000 84 $1413.39
Home Equity - 10yr. LTV up to 80% 4.125 120 $1018.40
Home Equity - 15yr. LTV up to 80% 4.375 180 $758.62

Home Equity; Second Lien Position
(Primary Residence) Rates Effective:1/1/2019

APR*
as low as
Term Monthly Payment2
Home Equity - 5yr. CLTV up to 80% 4.000 60 $1841.65
Home Equity - 5yr. CLTV up to 90% 4.750 60 $1875.69
Home Equity - 7yr. CLTV up to 80% 4.500 84 $1390.02
Home Equity - 7yr. CLTV up to 85% 5.250 84 $1425.17
Home Equity - 10yr. CLTV up to 80% 4.750 120 $1048.48
Home Equity - 15yr. CLTV up to 80% 5.250 180 $803.88

Home Equity Line of Credit
(Primary Residence) Rates Effective:1/1/2019

Rate APR*
as low as
CLTV up to 75% 5.75 5.750
CLTV up to 85% 5.75 5.750

Second Homes/Vacation Homes
(Second Lien Position) Rates Effective:1/1/2019

APR*
as low as
Term Monthly Payment2
Home Equity - 5yr. LTV up to 75% 6.990 60 $1979.65
Home Equity - 7yr. LTV up to 75% 7.240 84 $1521.03
Home Equity - 10yr. LTV up to 75% 7.990 120 $1212.75
Home Equity - 15yr. LTV up to 75% 8.740 180 $998.86

*APR = Annual Percentage Rate
⁺variable rate

2Rates disclosed include a .25% discount for automatic payment. Principal & interest payment based on loan amount of $100,000. SPIRE does not escrow for taxes or insurance. Payment estimates do not include taxes or insurance; actual payments may be higher. Maximum $750,000 for senior lien. Maximum $250,000 for junior lien. Minimum loan amount is $10,000. A minimum of $10,000 must be new money at SPIRE. Property must be the primary residence with the exception of Second/Vacation Home Loans Property insurance is required. Residential properties only located in MN or WI. Commercial, agriculture and large acreage properties excluded from offer. SPIRE member responsible to pay $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 $500.01. Offer subject to termination at any time. Rates and terms are subject to qualification. Borrower must meet membership requirements to qualify. Interest rate is subject to change at any time. Other restrictions may apply. See your tax advisor for details regarding interest deductibility.