Changes to our Mortgage Lending Program.
Use the equity in your home to provide the cash you need for today
HOME EQUITY LOANS
Home Equity Lines of Credit (HELOC)
A variable-rate HELOC gives you a source of funds to draw from as needed, like a revolving charge account, so it’s up to you how much you withdraw at a time. You only pay back what you use, plus interest, and every time you make a payment, you automatically replenish the funds available to you.
A First Eagle HELOC offers:
- Rates as low as 7.50% APR*
- No closing costs when $20,000 or more is taken at settlement
- Freedom to borrow up to $150,000 or up to 80% of your available equity, for qualified borrowers¹
- Easy access to your funds
- Tax advantages*
Home Equity Loans
Do you need money for a one-time expense? A fixed-rate Home Equity Loan is a smart way to finance a specific purchase. With a home equity loan, you receive all the money, up front, and make set monthly payments. And since the rate is fixed, you can be confident in knowing that your repayment terms will remain the same for the life of the loan.
A First Eagle Home Equity Loan offers:
- Rates as low as 5.99% APR*
- Personalized terms: 5-, 7-, 10- and 15-year options
- No closings costs when $20,000 or more is taken at settlement; requires a $75.00 processing fee
- Finance up to 85% of your available equity, for qualified borrowers*
- Borrow between $5,000 and $150,000 – receive 1 lump sum
- Tax advantages*
I have always had a great experience with First Eagle Federal Credit in Houston I’ve been a member since the 1980’s and wouldn’t think about banking anywhere else. There is nothing they wouldn’t do for their members. I’ve had so many good experiences with them that it’s so hard to pick one scenario. They’ve helped me with my HELOC, boat, and several car loans, and it’s always gone smoothly without problems. They are what banking should be like, friendly and wanting to help.
– Lucy C.
Everyone that works there is so helpful to me and was all was there for me if I need a loan they went out of there way to make sure I got it.
– Beverly B.
First Eagle has been AMAZING! I am on the road of credit rebuilding and home ownership and First Eagle has made that road a little easier for myself and family. This credit union is more like a family. Keep up the great customer service and building wonderful relationships with your customers!
– Sheri A.
It is always a pleasure dealing with a company that puts customers first. I do all of my banking transactions via mail, email and phone.
– Sandra L.
Ready to Get Started?
*APR=Annual Percentage Rate. This is a variable rate loan, based on Prime Rate, and the APR may change monthly. Prime Rate effective 10/1/22 is 6.25% as published in the Wall Street Journal. The rate floor for all Home Equity Lines of Credit is 4.00% APR, the maximum rate that can apply is 18.00% APR. Minimum loan amount is $5,000. ¹For qualified borrowers, borrow up to 80% of your home’s value, minus any existing liens. ±Consult your tax advisor.
*APR=Annual Percentage Rate. Minimum loan amount is $5,000. *For qualified borrowers, borrow up to 85% of your home’s value, minus any existing liens; finance up to 80% in Texas only. ±Consult your tax advisor
**Cash back bonuses available where permitted by law. Must register for the program prior to contacting a real estate agent ta be eligible. Not all services available in all areas. Owned and operated by BHHS Homesale Realty. 2This payout structure is applicable for buyer and seller transactions. 3Commissions may vary.
MEMBER’S CHOICE DEBT PROTECTION
Whether you’re taking out a loan to make home improvements or buy a vehicle, it can be a financial gamble because things happen…life happens.
Member’s Choice Debt Protection is a voluntary loan-payment protection product that helps you get relief from the financial burden of delinquency, default or foreclosure if a protected life event unexpectedly happens to you. And, simple eligibility requirements make the enrollment process easy!
If a protected life event happens and you’re a protected borrower or co-borrower on the loan, Member’s Choice Debt Protection will cancel or waive your loan payment(s), up to the contract maximums. Debt Protection helps to lessen your worries about paying your loan during a time when income may be reduced or lost. Protected events include: loss of life, disability and involuntary unemployment.
Call us at 888-231-2022 and ask about protecting your loans.
Your purchase of First Eagle Member’s Choice Debt Protection is optional and will not affect your application for credit or the terms of any credit agreement required to obtain a loan. Certain eligibility requirements, conditions and exclusions may apply. Please contact your loan representative, or refer to the Member Agreement for a full explanation of the terms of First Eagle Member’s Choice Debt Protection. You may cancel the protection at any time. If you cancel protection within 30 days you will receive a full refund of any fee paid.