Fixed-rate Home Equity Loan
Looking to consolidate debt, make a large purchase, finance education expenses, or do some home improvements? You may find the extra cash you need with a Blaze Home Equity Loan.
Blaze offers five, seven, ten, 15, and 20-year terms with up to 100% financing available.
Pay no more than $500* in closing costs when you open a fixed-rate home equity loan with Blaze.
A Home Equity loan is a second mortgage or lien on your primary or secondary residence.
You still pay your regular monthly mortgage payment in addition to your home equity loan payment.
Home Equity Line of Credit (HELOC)
Not sure how much you need or when you’ll need it? A HELOC is revolving and works similar to a credit card. Get the funds when you need them and pay interest only on the balance.
Pay no more than $500 in closing costs when you open a HELOC with Blaze.
10-year Draw Options
Borrow up to 75% of the value of your primary home. Interest-only payments are available during the draw period. This is a variable-rate loan with a minimum loan amount of $10,000 and maximum of $383,275.
Borrow between 75.01-85% of the value of your primary home. Interest-only payments are available during the draw period. This is a variable-rate loan with a minimum loan amount of $10,000 and maximum of $100,000.
Solar Home Equity Loans
We are proud to partner with CU Green® to provide members with financing options for rooftop solar panel installation. Solar panels can be useful anywhere the sun shines and are an eco-friendly, low maintenance way to produce energy and save you money.
At Blaze, we are continually looking for ways to reduce our carbon-footprint and be a more earth-friendly business. Offering members affordable financing for producing green energy is just one more way we can help be good stewards of the environment and have a positive impact on our community.
See if solar might be for you.
Meet Your MLO
Disclosures
We offer conventional loans in all states except AK, CA, HI, NY, and TX. We offer government (FHA/VA) loans in all states except AK, AZ, HI, MA, NY, RI, VA, VI, VT, or Washington, D.C.
*APR = Annual Percentage Rate. Monthly Principal & interest payment based on loan amount of $50,000. Maximum loan amount for a fixed rate loan is $383,275. Minimum loan amount is $10,000 for 5-10 year terms, $15,000 for a 15-year term, and $20,000 for a 20-year term. A minimum of $10,000 must be new money at Blaze. Property must be the primary or secondary residence and property insurance is required. Commercial, agriculture and large acreage properties excluded from offer. Blaze member responsible to pay up to $500 toward closing costs, which includes the cost of the required appraisal, and does not include property taxes, home owner’s insurance, prepaid interest, and fee for a potential subordination agreement. If the loan does not close, the cost of the appraisal will not be refunded. Offer subject to termination at any time. The stated rates are the lowest available and subject to change at any time without notice. Rates are based on credit history, loan-to-value, and other factors so your rate may different. Borrower must meet membership requirements to qualify. Other restrictions may apply. See your tax advisor for details regarding interest deductibility.