LOANS Home Equity Loans LCEF Home Equity Loans are available to qualified Rostered Church Workers (RCWs) for home improvements or other personal needs. Find out if you are a RCW.

Prior to applying for a Home Equity Loan from LCEF, please check the list at the end of this page to verify that you reside in a state where this loan is available.

LCEF Home Equity Loans allow borrowers to pay off high-interest debt, purchase an automobile, make large-scale home improvements, pay tuition or make other major purchases. We offer competitive and fixed interest rates that allow borrowers to consolidate bills into one monthly payment.

Benefits & Features

  • Loans ranging from $5,000 to $100,000 with terms up to 15 years.
  • Fixed rates, so monthly payments remain the same for a specific period of time
  • Competitive interest rates (often lower than those on credit cards and other consumer loans)
  • Interest payments may be tax deductible—consult your tax advisor to learn more
  • Ability to consolidate several bills into single payment
  • Friendly, knowledgeable loan officers and servicing staff
  • Online and automated telephone access to loan information

Home Equity Loan Rates

Loan TermRateAPR Range
* APR is based on a $50,000 mortgage amortized over the maximum term allowed with no origination fee.
Up to 5 years5.375% - 5.875%5.871% - 6.373%
6 - 10 years6.375% - 6.875%6.642% - 7.145%
11 - 15 years7.125% - 7.625%7.319% - 7.822%

Availability by State

  • Arizona*
  • California
  • Colorado
  • Florida
  • Indiana
  • Iowa*
  • Kansas
  • Michigan
  • Minnesota
  • Missouri
  • Nebraska
  • Ohio
  • Washington
  • Wisconsin*

* Specific state regulations are applicable. Call 800-843-5233 between 7 a.m. to 5 p.m. (CT) Monday through Friday for details.