Transform Your Home with a
Home Equity Line of Credit
It’s Not Magic, It’s a HELOC!
With a Home Equity Line of Credit, you can turn your current residence into your dream home.
Borrow as needed, with interest accruing only if you carry a balance.
Enjoy
Quick Approvals
Competitive Rates
Easy Online Access to Funds
APR6 | Term |
|---|---|
| 8.50% | N/A |
6APR is Annual Percentage Rate. Subject to credit approval. The rates listed assume automatic payment methods and are for new loans to GRFCU. Rates reflect all available discounts. Other fees and restrictions may apply. Loan amounts will be determined by income and other factors, including collateral details. An example of payment is 8.25% APR over for 5 years will be $20.40 for every 1,000 borrowed. Rates are subject to change at any time without notice.
Meet Our Lending Team
Amber Spanier
Loan Officer
Amber has been with Great River for 8 years and just over 5 of those years as a lender. Her favorite part of her career is helping members reach their financial goals whether that be a purchase of a vehicle, a home remodel, or consolidating debt. She loves building relationships with members so she can find the most innovative solution for their financial needs.
Outside of work you can find Amber spending time with her two sons & husband, having game nights with friends & family, and going shopping around town.
Nick Wannigman
Loan Officer
Nick has been in the finance industry for nearly 7 years. He started on the teller line then worked his way up to lending, which is where he wanted to be from day one.
His favorite part about being a lender is the creative thinking it requires to find the best lending solutions for our members. Another part of his job that Nick really enjoys is when he talks to members about a big purchase that they are excited about!
Shannon Wander
Consumer Lending Sales Manager
Phrases that describe Shannon are: Army wife, mother of 2, shopaholic, coffee lover, and loves to make people laugh. Shannon has been with Great River for 11 years and has been in lending for 8 of those years.
Her favorite part of her job is finding lending solutions for members that fits their goals and dreams. Getting to know members and connecting with them makes the job enjoyable.
Open a Home Equity Line of Credit Today!
Apply Online
Complete our online loan application within minutes!
Schedule an Appointment
Speak with a Loan Officer via Great River Go Live video chat or at a branch.
Frequently Asked Questions
What can I use my HELOC for?
HELOC funds can be used for various purposes, including home improvements, education expenses, debt consolidation, or any other financial needs.
Will my monthly payment change?
Payments may vary from month-to-month based on the current balance of the line of credit.
Does my interest rate vary?
Yes, a Home Equity Line of Credit rate varies. The interest rate on your loan is subject to change on a quarterly basis based on the prime rate.
How much can I borrow?
You can borrow up to 100% of your home’s appraised or assessed value.