Home Equity Loans for RCWs
Rising living costs and unexpected expenses can be overwhelming, but with a Home Equity Loan from LCEF, you can access the funds you need at a competitive rate. We offer simple, straightforward loan options designed to support the unique needs of LCMS church workers.
About Home Equity Loans
At LCEF, we recognize the financial challenges that LCMS church workers face. Our Home Equity Loan program is specifically tailored to meet those needs, offering competitive, fixed interest rates to help you manage expenses and consolidate high-interest debt. Whether you’re making large home improvements, purchasing a vehicle, paying for tuition or handling unexpected costs, a Home Equity Loan from LCEF puts your home’s value to work for you.
Our lending team understands your calling to serve His kingdom, and we’re here to support you in your mission. Let us help you achieve financial peace of mind with a loan designed around your life and goals.
Prior to applying for a Home Equity Loan from LCEF, check the map to verify that you reside in a state where this loan is available.
Why Choose LCEF
Loans ranging from $5,000 to $100,000.
Terms up to 15 years.
Competitive, fixed rates.
Interest payments may be tax deductible.*
Consolidate several bills into a single payment.
Online and automated telephone access to loan information.
*Consult your tax advisor to learn more.
Home Equity Rates
| Loan Term | Rate | APR | Monthly Payment |
|---|---|---|---|
| 5 years | 7.125% | 7.635% | $993 |
| 10 years | 8.125% | 8.405% | $610 |
| 15 years | 8.625% | 8.830% | $496 |
The rates and monthly payments shown are based on a loan amount of $50,000 and does not include property taxes and insurance. The above rates, APRs and monthly payments may change at any time. The rates listed assume you have a credit score of 710+.
Ready to Get Started?
Apply for a Home Equity Loan with LCEF today.
Availability by State
For details about the RCW Home Equity Loan program, hover over the state in which you are looking to purchase or refinance.
Looking for information about home purchase and refinance lending? Click here.
Specific state regulations may apply. Call 800-843-5233 between 7 a.m. to 5 p.m. (CT) Monday through Friday for details.
Helpful Documents
Ready to Get Started?
While together LCEF and LFCU support the mission and ministry of The Lutheran Church—Missouri Synod, they are independent organizations and not affiliated with each other. Lutheran Federal Credit Union: 10733 Sunset Office Drive, Suite 406, St. Louis, MO 63127-1020. Phone number: 314-394-2790. Website: Lutheranfcu.org. (NMLS# 1301052).