Low Interest Rates
Interest rates vary and is based on your credit score—the higher your score, the lower your rate.
Use Property Equity
Borrow up to $400,000 by using up to 55% of your property’s appraised value - without refinancing your home.
No Prepayment Penalty
Loan terms are fixed from 6 months to 5 years, and there’s no penalty for paying off your loan early.
Eligibility Requirements
- Must be an EFCU member for 3+ months
- Personal ownership of the property used as collateral
- Minimum 650 credit score
- Acceptable business and personal Debt-to-Income (DTI) ratios
- Verifiable business income
- Property must meet standard condition and marketability guidelines
Explore Other Loan Options
Vehicle Loans
Borrow up to $55,000 with a loan term that fits your budget—buying or refinancing.
Learn more