Equity Loans

  • Choose an equity loan based on the convenience & features you prefer
  • Always a competitive rate with NO set-up costs!
  • Non-owner occupied options available
  • Possible tax deduction (consult your tax advisor)
  • Apply Now!

Imagine the possibilities

Looking for an affordable and convenient way to get those needed home improvements done, consolidate your high-rate credit cards, or what about that dream vacation you’ve been thinking about? Qualstar offers two home equity loans to help whatever dreams you have come true!

Advantage Equity1

An Advantage Equity loan is for our members who want a fixed-rate equity loan without the line of credit option. Receive a lump sum distribution – when you want all the funds at once! The minimum loan amount is $10,000 with a maximum of $250,000.1 Or, if you own a rental property, we also offer a non-owner occupied version of this loan with loan amounts ranging from $10,000 to $49,999.99.

Option Equity

  • Line of Credit – gives you the option to draw funds any time you need them!
  • Own a rental? Take advantage of our non-owner occupied loan option
  • A variable rate loan with access of up to 90% of the equity in your home
  • Interest only payment option
  • Loan amounts ranging from $5000 to $250,000 (up to $49,999.99 for non-owner occupied)

An Option Equity loan works the same as traditional line of credit loans, however it also gives you the option of making the minimum interest only payment or interest with principal payment. With this choice, your payments are lower when they need to be, and you can pay on the principal balance when you have the extra cash.

Enjoy the convenience of accessing your funds via account transfer, Home Banking, contacting our Call Center, or visiting any of our branches.

1 Payment Example: Advantage Equity Loan amount of $50,000 at 6.74% for 180 month term has an estimated Principal & Interest payment of $441.69.