FAQs: Home Equity

Baton Rouge Telco offers real estate loan options for homes and properties located in the state of Louisiana. Membership restrictions apply.

• Rate = Prime Rate + a margin (based on the member’s credit score and loan to value)
• Rate can adjust quarterly (January, April, July and October)

Home equity lines of credit have a minimum loan amount of $10,000 and you may borrow up to 90% of the combined value of your home.

Home equity lines of credit payments are due on the 1st of the month. Minimum payments are due each month where there is an active balance.

Home equity lines of credit are open for 10 years. Your minimum monthly payment will be $100 or 1.5% of the principal balance drawn, whichever is greater.