Benefit from the equity in your home
Home equity loans and home equity lines of credit (HELOC) can be used for home improvements, major purchases and debt consolidation. Since an equity loan or HELOC uses your home as collateral, the interest rate is generally lower than other types of loans—saving you money. Plus, the interest may be tax deductible*.
Home equity loans are not available in Texas.
Found the perfect spot to build your home? A Northwest Federal land loan helps you purchase your lot now—even before you have the plans drawn-up.
Our land loans can be used to finance the purchase of land for recreational use or a lot for your new home.
- Available for up to 20 acres
- Loan amounts up to $200,000
- 10 or 15-year repayment terms
Apply online for competitive rates and terms.
*Land loans are not available in Texas.