Home Equity Installment Loans
Use the value in your home to build your dreams with a home equity installment loan!
With a fixed-rate home equity installment loan, your funds are dispersed in a lump-sum with predictable payments—perfect for major projects, debt consolidation, and other one-time expenses.
Features
Rates as Low as 6.75% APR1
Fixed rates mean predictable payments, making it easier to factor into your budget.
No Closing Costs
Depending on the county your property is located in, you may qualify for no closing costs, saving you thousands.2
No Application Fees or Annual Fees
It’s simple to apply for a Sandia Area home equity loan.
Use Funds for Anything
Use your home equity loan to build anything—a deck, a kitchen, your credit, or even a future.
Home Equity Installment Loan Rates
Effective Date: 01/22/2025
| Term in Months | APR1 as low as |
|---|---|
| 120 | 6.75% |
| 180 | 7.25% |
| Federally insured by the NCUA. An Equal Opportunity Lender. Membership eligibility required. Visit Sandia.org/Membership for complete details. 1. APR=Annual Percentage Rate effective as of 1/22/2025. Rates are subject to change at any time without notice. All loans, terms, and conditions are subject to credit approval. “As low as” rate assumes excellent credit history and first lien position. All consumer loans are charged simple interest with no pre-payment penalty. New Sandia Area loans only in the counties of Bernalillo, Sandoval, Santa Fe, Valencia, Torrance, Cibola, Dona Ana, Rio Arriba, Mora, San Miguel and Los Alamos on primary residences with clean title history. Borrower is responsible for homeowners’ insurance and, if required, flood insurance. Maximum loan amount is $200,000 and maximum LTV is 90%. Loans over $200,000 will be reviewed on a case-by-case basis. | |
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