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Home Equity Loans

Use the equity in your home for life's bigger expenses.

  • Overview
    • Competitive rates
    • Flexible terms
    • Easy application process
    • Home equity lines of credit also available

    Home Equity Loan

    Taking out a home equity loan can help you pay for home improvements, save money on high interest debt, or cover life’s unexpected expenses.

    Loan Protection

    Astera has partnered with SWBC to bring you three amazing loan protection products to help you should times get hard. Learn how to protect your money from bumps in the road.

    We also offer Lines of Credit

    To learn which home equity loan options will best suit your needs contact an Astera Credit Union branch today.

    "The fact that it was so easy and fast to get what I wanted. I never have a problem when I come to Astera for help."

    Marco G.
  • Rates

    Rates

    Closed End Home Equity Loan

    TermRate*
    60 - 120 MonthsAs low as 7.25%APR*
    121 - 180 MonthsAs low as 7.50%APR*
    181 - 240 MonthsAs low as 7.75%APR*

    *APR=Annual Percentage Rate. Rates and term are subject to change without notice.

    Open Ended Variable Home Equity Loan

    TermRate*
    n/aAs low as 8.25% APR*

    *APR=Annual Percentage Rate. Rates and term are subject to change without notice.

  • FAQs

    Frequently Asked Questions

    One benefit of being an Astera member is getting access to the lowest rates around. Take out a loan to fund that major expense. We process loans in-house, from application to closing — without all the stress.

    We offer various loans and services to match your desires

    Click here, if you’d like to apply for a loan today.

    For our Astera Equity products, the only out of pocket expense for equity is for an appraisal. As a service to our members Astera covers all other closing cost.

    Wouldn't it be nice to stop throwing your money away on rent and start building equity in your own home? Astera offers low-rate home mortgage loans, so you can start calling your own place "home" sooner than later.

    Our stellar loan officers will be there to guide you through every step.

    There are many great features to our Home Mortgage Loans

    • Build equity in your home in Michigan, instead of paying rent to a landlord
    • We offer free quick pre-qualifications for accurate budget shopping
    • Choose from a variety of mortgage loan financing options
    • Local processing ensures fast approvals and efficient processing
    • Personal attentive service from start to closing
    • Talk to an Astera expert lender today to get started

    Visit our Mortgage Web Center and apply now!

    We offer three convenient ways to apply to refinance your home equity loan.

    • Apply Online
    • Apply by Phone
      • Call us today at 800-323-0048 and a Member Service Representative will walk you through the steps to apply over the phone
    • Apply in Person
      • Stop by any of our branches and speak to a Member Service Representative to get help on your application

    Our stellar loan officers will be there to guide you through every step of the process.

    Visit our Mortgage Web Center and apply now!

Astera Home Equity Loans!

Dream big when you put the equity in your home to work for you.

Apply Now

*APR=Annual Percentage Rate. Rates and term are subject to change without notice. Rates and terms are contingent upon, but not limited to credit history, loan to value, lien position, amount requested, and other risk-based criteria.

NMLS Registry Information for Mortgage Loan Originators

NMLS Registry Information for Mortgage Loan Originators

Andy Van Kuiken 1191759
Aspen Latunski 2365591
Austin Hawkins 1394283
Becky Grieshaber 413124
Bonnie Fillwock 1734326
Courtney Minor 538398
Courtney Mitchell 1734284
Danette Winans 1574512
Dinah Magbag 1734328
Jessie Kolka 455782
Joan Phillips 1734325
Laura Blanding 1221528
Laurie Sanford 455761
Lisa Morris 1734324
Mark Fisher 439241
Marshall Weathers 1013271
Octavia Schooler 2512460
Olivia Ruiz 2563541
Sam Cady 2166638
Sheila Mitchell 1734327
Shelby Anderson 2114162
Tanoi Miller 1925705

Mortgage Disclosure

Mortgage Disclosure