Skip to main content
Farmers Insurance Federal Credit Union

Routing Number: 322077795

front of home in neighborhood

Non-Owner Occupied Home Equity

As Low As 7.74% APR

Use promo code NOHELOCG at signup. Thanks for joining the family!

Introducing Non-Owner Occupied Home Equity Loans!

Now you can afford to renovate your vacation or rental property, adding value and comfort with more affordable financing. With rates as low as 7.74% APR* when you have Direct Deposit, it’s the ideal time to upgrade your property.

Use your home’s equity to fund renovations, repairs, or improvements on:

  • Rental properties
  • Second homes
  • Vacation homes

Whether you're maximizing rental income or creating the perfect getaway, our home equity solutions make it easier than ever.

Start building value today—your next property upgrade is just a loan away.

Non-Owner Equity Loan
  • Required 6 months’ worth of cash reserves on deposit with the Credit Union at the time of funding
  • Borrow up to 75% of your Home’s equity
  • Minimum FICO 720
  • Loans up to $350,000
  • Terms up to 180 months
  • Rates as low as 7.99% APR
  • No prepayment penalty
  • Rental properties, Second home and Vacation homes only
  • Available in all states except AL, AK, FL, HI, and LA
  • Manufactured homes are not available

APPLY TODAY

Non-Owner HELOC
  • Required 6 months’ worth of cash reserves on deposit with the Credit Union at the time of funding
  • Borrow up to 75% of your Home’s equity
  • Minimum FICO 720
  • Apply for up to $350,000
  • Rates as low as  7.74%  APR
  • No prepayment penalty
  • Rental properties, Second home and Vacation homes only
  • Available in all states except AL, AK, FL, HI, LA, and TX
  • Manufactured homes are not available

APPLY TODAY

Subordination Requirements: email or fax your Subordination Request form to 323-209-6736.

Demand for Payoff: email or fax your Demand with Borrower Authorization to 323-209-6736 (Turnaround time is 24-48 hours).

Disclosures

*APR = Annual Percentage Rate. APR is the annual rate of interest that is paid on an investment, without taking into account the compounding interest within that year. Rates are subject to change at anytime.

Non-Owner Occupied Equity Loans— The advertised loan is a 15 year Fixed Rate Loan with a 15 year fully amortizing term. The interest rate is 8.99% for 180 months. The disclosed APR is 8.99%. Example on a loan amount of $150,000.00 the monthly principal and interest payment would be approximately $1,521.00 for 180 months. Loan Requirements: 1) Minimum FICO 720, 2) Maximum Combined Loan-To-Value of 75%, 3) 6 months’ worth of cash reserves on deposit with FIGFCU at the time of funding, 4) Maximum Debt-To-Income 50%, 5) Maximum term 180 months, 6) Direct Deposit Discount available. Non-Owner Occupied: Rental Properties, Second Home and Vacation homes only. Loans are subject to Credit Approval and verification of information, your credit history, the location and type of property, and other factors as determined by Lender. Not available in all states. Rates and Terms are effective 07/16/2025 and are subject to change without notice. NMLS #408877 

There is a $500 refinance fee for Home Equity Loans booked within the last 12 months, unless $20,000 new cash is added to the loan request.