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Home Equity

The Breakdown

  • Fixed rate installment loans available
  • Variable rate line of credit loans available
  • Terms up to 15 years
  • Loans up to $100,000
  • Up to 95% LTV

Unlock your home's equity

Borrowing against the equity in your home offers a low, variable rate of interest (based on WSJ Prime). Best of all, the interest paid could be tax deductible*. You can find the money you need for home renovations, debt consolidation, vacation and more.

Financing is available in Louisiana for owner-occupied and single family residences. The amount of the loan you qualify for depends on your annual gross income and the lendable equity in your home.

*Contact a tax adviser for further information regarding the deductibility of interest and charges.

Certain restrictions apply. Approval based on creditworthiness. Closing cost of $395 available on loans up to $100,000. $325 City of New Orleans tax not included. First mortgages only in Alabama, Louisiana, Mississippi, and Texas. Second mortgages only in Louisiana.

$395 Maximum Closing Costs

Xplore knows fees and closing costs are just as important as your home loan’s interest rates. If you are looking to refinance or use your home’s equity, we have an option for you! We offer 1st and 2nd mortgages on your primary residence. 

Choose between a fixed rate closed-end loan or a variable rate line of credit, each with terms ranging from 5 to 15 years. We will work with you to structure a home loan to fit your needs.

Contact the Mortgage Department


phone 1: 504.526.2546

phone 2: 504.526.2547

fax: 504.526.2576

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Xplore Federal Credit Union, New Orleans, LA. Your savings is federally insured to at least $250,000 and backed by the full faith and credit of the United States Government - National Credit Union Administration (NCUA), a U.S. Government Agency. Xplore Federal Credit Union is an equal opportunity housing lender. 

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