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.
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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 one single payment
  • Friendly, knowledgeable loan officers and servicing staff
  • Online and automated telephone access to loan information

Home Equity Loan Rates

November 2020
Loan TermRateAPR Range
* APR is based on a $50,000 mortgage amortized over the maximum term allowed with no origination fee.
Up to 5 years - fixed rate3.875% - 4.375%4.360% - 4.866%
6 - 10 years - fixed rate4.875% - 5.375%4.135% - 5.637%
11 - 15 years - fixed rate5.625% - 6.125%5.888% - 6.391%

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.