Home Equity Loans

Did you know that your house is made of money! If you’ve been a homeowner for a few years now, chances are you have some equity built up in your home. You may be able to use that equity to consolidate bills, remodel or make home repairs, finance education, start a new business or just about any other reason.


  • Stays local.
  • Low interest rates.
  • Low closing costs.
  • No pre-payment penalty.
  • No application fee.
  • Loan amounts from $5,000.
  • Terms up to 15 years.
  • Borrow up to 80% of the value of your home, minus any outstanding mortgage balance.
  • Interest may be 100% tax deductible (consult your tax adviser for details).

View our Rates and Terms

Real Estate loans consist of loans secured by a first or second lien on real property and/or land and building. Real Estate loans are normally allowed only on the members’ primary residences.

  • To qualify for a Real Estate secured loan, the property must be located within North Carolina.
  • The types of real estate that VFFCU will consider for collateral are detached single family residents, double-wide and single-wide homes affixed to a permanent foundation, condos, townhouses, and duplexes if member owns both units.
  • Must finance a minimum of $5,000.00
  • The maximum maturity for Owner Occupied Real Estate loans is 15 years.

First & Second Deed of Trust Loans

Vision Financial FCU must be in a first or second lien position on the property. No third liens are permitted. 

  • Maximum Loan Amount: 80% of the appraised or tax value of the property, minus 1st lien.
  • Interest Rate: Fixed rates are determined monthly. 
  • Up to 180 month terms available

Mortgage Loan Originators (MLOs)

1040560 Lisa Boyd
1156522 Rhonda Long
774968   Dawn Swaningson
1515213 Pamela Waters
2319946 Shannon Wiley

Contact a loan officer

Let us help you find the loan that's right for you.

Vision Financial Federal Credit Union
214 Pacific Avenue
PO Box 15818
Durham, North Carolina 27704
Phone: (919) 477-0696
        or (800) 235-8455
Fax: (919) 471-8211
Routing Number: 253175517

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