TORO EMPLOYEES Federal Credit Union Hours - Locations - 952-887-8041 - 800-525-0051
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Home Equity

 

  • The credit union offers Home Equity loans at fixed-rates for up to 15 years or  Home equity line of credit loans at a variable rate tied to the prime rate . 
  • We offer competitive rates, flexible payment options and use the money for whatever you need.
  • You can borrow up to $250,000 depending upon the equity in your home. We may be able to use your most recent tax assessed value or a recent appraisal.
  • Our loans have no pre-payment penalties, no early termination fees and low  fees.
  • Convenient repayment through payroll deduction or an automatic transfer from any of your deposit accounts. 
  • Loans are offered in Minnesota, Nebraska and Wisconsin.  
  • Call us at (952) 887-8012 or 1-800-525-0051 to speak with a loan officer to apply by phone or answer your questions.
Please consult your tax adviser regarding the tax deductibility of interest.

 
Phone: (952) 887-8012 or 1-800-525-0051
 
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