Take advantage of your greatest asset--your home! Home equity loans make it easy to afford the things you want and need. Make home improvements, pay college tuition, consolidate bills or purchase new furniture with the help of an equity loan.

Home equity loans offer lower rates than most consumer loans and best of all, the interest may be tax deductible. Consult your tax advisor for details.

First Line Home Equity Loan*
Our First Line home equity loan is tied to prime rate and available to Missouri and Illinois residents. Take advantage of this open line-of-credit loan with no closing costs and pricing that can be lower if you own your home. The minimum credit line is only $5,000. Access your home equity line anytime and take up to 10 years to pay. Financing up to 90% LTV available.

*First Line home equity rate is indexed quarterly to the Prime Rate as published in the Wall Street Journal, plus .5% or 1% based on the equity in your home. This rate will affect the actual annual percentage rate. Offer does not include refinances on First Community loans. The first transaction is a minimum $1,000 advance, subsequent advances can be as low as $500. Loan subject to credit approval. The Annual Percentage Rate (APR) is subject to change quarterly. The maximum APR that can apply is 20.04%.

Worry-Free Home Equity Loan*
Our Worry-Free Home Equity loan is a fixed-rate home equity line of credit that is available to Missouri and Illinois residents. This line of credit has no appraisal fee, no fee for advances, and no fee to lock your rate. The minimum line of credit is only $5,000. Access your home equity line of credit anytime to finance all your home improvement projects, college expenses or to pay medical bills.

*Offer does not include refinances on First Community loans. The first transaction is a minimum $1,000 advance, subsequent advances can be as low as $500. Loan subject to credit approval.

Choice Equity Loan
Members with some equity in their home may qualify for the Choice Equity Loan. This option lets you borrow from $2,500 to $50,000, at a fixed rate, to finance your larger projects.

Zero Equity Loan
Even if you just purchased a home, you may qualify for this loan. Depending upon the purchase price of your home, we'll lend you $1,000 for every $1,000 of the original down payment, up to $7,500 (minimum loan amount $2,500).

Refinance and Save Money
If you have an equity loan with another financial institution, take this opportunity to refinance with your credit union's lower rate.

Home Equity Loan Calculator (figure your own payments)

Call (636) 728-3330 or 1-800-905-7585 to apply for your home equity loan or complete our online application.

The Secure and Fair Enforcement for Mortgage Licensing Act (SAFE Act), requires credit union mortgage loan originators (MLO) and their employing institutions to register with the Nationwide Mortgage Licensing System and Registry (NMLS). Once registered, each MLO is provided a unique identifier from the NMLS. Below is a list of the MLO’s employed by First Community Credit Union (NMLS ID # 684198).

Click here for MLO list.

For more information about the registry, please visit the NMLS at www.nmlsconsumeraccess.org