Home Equity

$250,000 maximum, based on 80% of appraised value minus outstanding liens.

GEFCU must be in first lien position for loans over $150,000.

 If you are a Texas resident, APPLY NOW!


Fixed 60 Months or Less                                 As Low as 3.25 % A.P.R.


Fixed 61 to 120 Months                                  As Low as 3.50 % A.P.R.


Fixed 121 to 180 Months                                As Low as 3.75 % A.P.R.


Fixed 181 to 240 months***                         As Low as 4.25 % A.P.R.

We now offer Fee Free** Home Equity loans for 20 year terms with rates as low as 4.00% A.P.R., so if you are looking into refinancing your mortgage, avoid the thousands of dollars in closing costs and consider a GEFCU Home Equity Loan instead! Contact a GEFCU loan officer for more details.

RATES ARE SUBJECT TO CHANGE WITHOUT NOTICE, APR IS ANNUAL PERCENTAGE RATE.

* Borrower will be responsible for certain closing costs. If required, these closing costs may include title insurance, appraisal fee and survey costs. Home Owners insurance is required.

** Closing costs are waived on all new Home Equity loans in the amount of $25,000 or more, or when adding a minimum of $25,000 to an existing Home Equity loan **
Members refinancing their existing Home Equity must add a minimum of $10,000 in new money

*** Minimum loan amount of $50,000

Home Equity Loans subject to credit approval. Rates and terms subject to change without notice. As a safeguard, a 12-day cooling-off period is required by Texas law before Home Equity Loans may be closed. There is also a three-day Right of Rescission after closing before the funds may be disbursed. Total debts against the homestead are limited to 80 percent of its appraised value. Minimum loan amount is $5,000.

Government Employees FCU NMLS#417539