Home Equity

Live Brighter®

and plan for what’s next

Home Equity Loans

When you need to borrow for a home renovation, tuition, or other expense and can afford to use your home as collateral, a Home Equity Loan may be right for you. Often referred to as a second mortgage, a Home Equity Loan includes competitive rates and several lending options.

Which is right for you?

Home Equity Loans (not a line of credit)

Borrow up to

$250,000

* $250,000 for primary residence; $150,000 for second homes.

Finance up to

100%

of the appraised value of your home.

* 100% LTV for loan amounts of $150,000 or less, (both primary and second), 95% LTV for any loan amount above $150,000.

APR as low as

7.743%

Entertainment

Access to pre-sales and discounts on tickets to sporting events

Preferred seating offers for select Cirque du Soleil shows

Travel

Incredible travel packages, savings, and upgrades

Premium benefits at prestigious hotels worldwide

Trip Cancellation (reimburses some unused fares)

Dining

Complimentary wine tastings at Sonoma County wineries

Savings at restaurants and gourmet retailers

Service

24/7 Visa Signature Concierge2  service, which includes:

Travel and dining arrangements

Entertainment and event tickets

Hospitality services

Savings

Special offers from select retailers with Visa Discounts**

Price Protection (reimburses the price difference of an item if you find it advertised for less within 60 days of purchase)

I am looking for:

A First Credit Card

Need to establish your credit?

The Visa Traditional card is ideal for students and other members who are ready to open their first credit card. With responsible spending, you can use your Visa Traditional card to build a strong credit foundation, which will help you achieve your goals throughout your life—from buying a home to enjoying your retirement.

Our Visa Traditional card includes round-the-clock-support, real-time fraud text alerts, 24/7 Roadside Assistance, and much more. You can monitor your card activity and manage your account— anytime, anywhere—with Redstone’s Online and Mobile banking. There are so many ways for you to stay on top of your finances and plan for your future.

A Second Chance

Need to reestablish your credit?

If you’ve had challenges with your credit in the past and you want another chance to get your finances in order, the Visa Traditional card can help you move in the right direction.

Build your credit with peace of mind, knowing that you’re backed by the security and convenience of Visa and Redstone’s outstanding member support. It’s easy to keep tabs on your spending with Redstone’s Online and Mobile banking. And with resources like Redstone’s FinanceWorks money management tool, you’ll have what you need to establish healthy habits and keep moving forward.

Key Features: 

  • Fixed rate loan terms and monthly payment.
  • Receive your funds in one payment.
  • May be eligible for tax benefits on interest (check with your tax advisor).
  • Requires appraisal and has closing costs.

Ready to apply for a Home Equity Loan? It’s easy!

Home Equity Line of Credit

Finance up to

100%

of the appraised value of your home

APR as low as

4.625%

Ready to apply for a Home Equity Line of Credit? It’s easy!

EVERY Redstone Visa credit card includes all of these features

Convenience

Quick and easy purchases 

Visa is accepted all over the world

Warranty Manager Service: additional product registration to extend the manufacturer's original warranty on products you buy

Security

Zero-liability fraud protection

Monitor credit card activity with Credit Card Control

Real-time fraud monitoring and fraud text alerts

Identity theft assistance

Savings & Discounts

With Visa SavingsEdge®, you’ll receive discounts at select retailers when you use your Visa credit card.

Redstone Discounts!® when you use your card at many local businesses.

Additional Benefits    

Travel and Emergency Assistance

24-hour Roadside Dispatch service

Auto Rental Collision Damage Waiver insurance coverage for cars rented with your Visa card

Warranty Manager Service manage, use, and extend the warranties of eligible items purchased with your Visa card

Mortgages are only available for properties located in Alabama and Tennessee.

All mortgage loans are subject to credit approval. You must be an RFCU® member to obtain a mortgage loan. Must be eligible for membership and open a share savings account.  A minimum balance of $5.00 is required to open and must be maintained in share savings account at all times.  All mortgage loans are subject to credit approval. Rates are determined by an evaluation of applicant credit at account opening.  Your rate may be different. Fixed rates remain fixed for the life of the loan and adjustable rates are subject to change after consummation. Various types of mortgage loan programs and terms are available. Must have online banking user name and password to access HELOC online application. Must create separate user name and password to gain access to Home Equity mortgage application process. RFCU is an Equal Opportunity Lender. Other restrictions may apply.

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Join The Redstone Family Today

Are you ready to join the credit union that puts you first? Become a member of the Redstone family and you’ll start enjoying the great rates, personalized financial advice, and excellent customer service Redstone is known for.

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