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Home Equity Loans   Apply For A Loan View Loan Rates

LCU offers both fixed and variable rate Home Equity Loans which use your primary residence as collateral.  Maximum loan amount up to $500,000. 

Fixed Interest Rates

Up to 180 Month Repayment

In order to apply for a Home Equity Loan, we must send you an Application Packet by mail. Please contact Leyden Credit Union by phone or email.

Open-end Lines of Credit

Using the home as collateral, this line of credit offers members the ability to draw pre-approved credit, as needed. Maximum credit limit available is 

  • Variable interest rate as low as the Prime Rate.
  • 5 year draw period with 15 year repayment
  • Up to 100% of equity
  • Minimum credit limit - $10,000.  Maximum credit limit - $500,000

Convenient pre-approval and automatic payment available. Simple interest with no pre-payment penalties. Consult your tax advisor to learn about possible tax deduction of interest.

LCU is an Equal Housing Lender

2701 N. 25th Ave.   -   Franklin Park, IL 60131
847-455-8440   -   fax 847-455-1245

Copyright 2001 Leyden Credit Union, All rights reserved.