Fixed-Rate Home Equity Loan
Offer your clients the unmatched experience and benefits of a Fixed-Rate Home Equity Loan. The convenience of accessing funds with locked-in monthly payments gives them understanding of their financial future.
A Fixed-Rate Home Equity Loan offers your clients the reassurance and financial stability they deserve, with:
- Low, Competitive Fixed-Rates
- Flexible Term Options
- Quick Turn Times
- Peace of Mind
Connect with an Account Executive.
Borrowing Power & Flexibility
Flexible Term: 10, 15, 20-Year Fixed
Minimum FICO Score: 640
Minimum Loan Amount $50K
Maximum Loan Amount $500K
90% Maximum CLTV
1-2 Unit Primary Residences
Up to 2.00% Borrower-Paid Compensation
Avaliable for 2nd Lien/Standalone Transactions
Frequently Asked Questions
How do I receive Borrower-Paid Broker Compensation?
You must be an approved partner to earn compensation. Contact your Account Executive or email us mortgagesales@quorumfcu.org to see if you are eligible.
How does this Fixed-Rate Home Equity Loan differ from Quorum's HELOC programs?
Unlike a traditional HELOC, Quorum's Fixed-Rate Home Equity Loan locks in an interest rate for the entire lifetime of the loan.
How do I become an approved broker partner?
To become an approved broker partner, fill out the form at the top of this page or email us as mortgagesales@quorumfcu.org.