Home Equity LoanApply for a Home Equity Loan Online
- Loan minimum $5,000
- Loan maximum $50,000
- Fixed rates and terms between five to 15 years
- Loan to value ratio 90 percent
- $25 application fee
- Closing costs $300
Conveniently apply online! Please be prepared to provide proof of income (i.e. your last two pay stubs, most recent W-2 or a statement from your financial institution showing two or more regular direct deposits). Proof of income can be emailed to firstname.lastname@example.org. NIU employees (only) are welcome to fill out the NIU's income verification form.
Loan processing takes approximately 24-48 hours to respond to a request. We make every effort to determine how we can help your financial well-being. In the instance we are not able to offer the loan requested, we will sometimes counteroffer a product or service we feel would help you.