Online Banking

Home Equity

Whether you are looking for the flexibility of a revolving line of credit or the security of fixed monthly payments, Rivertown offers both a Fixed Loan or Home Equity Line of Credit.

If you have any questions or wish to apply over the phone, please call (616) 406-2480 and press 6 to speak with one of our friendly & knowledgeable loan officers.

Unlimited, 24/7 access via our Electronic Services to:

  • Transfer funds
  • Obtain balance information
  • Make loan payments
  • Check history

Home Equity Ratings & Reviews

Apply:

*Begin the application process today!
*Note: This form cannot be saved after completion. You must print it out.

Quick Tips & Info

Current Rates

Home Equity Line of Credit:

  • Consider if your monthly payment will fit into your budget
  • Do not use the equity in your home to payoff short-term debt
  • Great way to accomplish home improvement plans
  • Once you receive a set limit to use, how and when you use the money is completely up to you
  • You will only pay interest on what you have borrowed, not what is available to you.  As you pay down the line the money becomes available to you again. 
  • Check with a tax professional, but in most cases the interest you pay on your home equity is tax deductible
  • Debt Protection is available that includes unemployment, life and disability
  • Transfer funds, obtain balance information, make loan payments and check history 24/7 with our free and easy to use Electronic Services: Online Banking, Mobile Text Banking, Telephone Banking

Home Equity Fixed Loan:

  • Rivertown does 80% Loan to Value
  • Check your property taxes to see if you are paying more than the value of your home
  • The value of your home is no longer 2x’s SEV
  • Consider if your monthly payment will fit into your budget
  • Do not use the equity in your home to payoff short-term debt
  • Debt Protection is available that includes unemployment, life and disability
  • Check with a tax professional, but in most cases the interest you pay on your home equity is tax deductible
  • With our fixed home equity you get a set amount three business days after the date of closing.  The interest will be fixed over the term of the loan.  You will also receive a set payoff term which can go for as long as 10 years.
  • Transfer funds, obtain balance information, make loan payments and check history 24/7 with our free and easy to use Electronic Services: Online Banking, Mobile Text Banking, Telephone Banking

Contact Us

Email:
info@rivertowncu.org

Phone:
616.406.2480
800.821.0972

Fax:
Grandville Location: 616.531.3670
Wyoming Location: 616.247.0443
 

Lost/Stolen Cards:
Visa Customer Service – 1.866.820.4892
MasterCard Debit Lost/Stolen – 888.241.2510

Re-Order Checks:
800.355.8123

Routing Number:
272486203

NCUA