Your home equity is ready when you are

You have two ways to access it. We'll help you pick the right one.

Use a home equity loan or line of credit for repairs, a big purchase, education costs, or paying down higher-interest debt. Repayment options up to 15 years, and a local Mortgage Loan Officer to help you choose.

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Rates based on credit score and loan term. Membership is required. Applying for a loan is not a guarantee of approval.

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Two ways to use what you've built

A home equity line of credit gives you a flexible pool of funds. Draw what you need, when you need it, and pay interest only on what you use. A home equity loan gives you one lump sum upfront, with a fixed monthly payment for 10 or 15 years. Both use equity you've already built in your home. A Ubay Mortgage Loan Officer can help you figure out which one fits your plans.

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HELOC Calculator

Member-owned, so you actually benefit

As a member-owned credit union, Ubay isn't chasing profits for shareholders, so more of that value comes back to you. Pair that with flexible repayment options, and putting your equity to work doesn't mean stretching your budget.

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Rates Backed by Member Ownership

No shareholders to answer to means more value comes back to you, not a bank's bottom line.

Repayment Up to 15 Years

Longer repayment periods available for lower monthly payments, or a shorter one to pay less interest overall.

Line of Credit or Loan

Choose the flexible option or the fixed one. Either way, it's your equity, your call.

Local Guidance

Talk to a Ubay Mortgage Loan Officer who'll walk through your options before you commit to anything.

A Ubay loan can make it happen

  • I refer so many people here because I have had such a great experience. I tell everyone to come to United Bay because they really do take care of you.

    Ashley G., Member

  • When we go into UBAYCCU, it’s like going to someone’s home. We know all of the clerks by name...It’s more than a credit union, it’s a home.

    Christine & Gerrit S., Members

  • I’ve been a member at the credit union this long because the minute you walk in, everybody is so super friendly.

    Isabel & Thomas C., Members

  • When you have people who back you, you want to back them, so I refer everyone here. Just like how I work on people's cars and they trust me, that's the way I feel about this credit union.

    Richard W., Member

  • We’ve referred so many of our friends and family to the credit union, and it doesn’t matter what credit union location we go to—everyone is amazing.

    Lisa L., Member

A room in the house getting renovated with new windows and closet doors

Guidance for every step of the process

Whether you're drawing from a line of credit or paying down a fixed loan, your equity should work for you without the runaround. We combine online tools with personalized support so the process stays simple from application to final payment.Apply online quickly and securely.

  • Apply online for either option in minutes

  • Get a decision from a local team, not a call center

  • Draw funds or manage payments on the website or app

  • Talk to a Mortgage Loan Officer anytime you have questions, before or after you apply

Apply Now

Disclosure: Credit and collateral are subject to approval. Terms and conditions apply. This is not a commitment to lend. Programs, rates, terms, and conditions are subject to change without notice.

United Bay Community Credit Union NMLS 501172.

Our commitment to you

  • Investment in community

    We have been rooted in Michigan for more than 75 years, always championing the people and places that make it home.

  • People first, always

    As a not-for-profit credit union, we prioritize people and reinvest in better rates for you, lower fees for all, and community growth.

  • Support at every step

    From your first savings account to credit building, retirement, and beyond, we are here to guide your financial journey for life.

Become a Member

 Frequently asked questions

  • A home equity loan gives you one lump sum upfront, with a fixed monthly payment for 10 or 15 years. A home equity line of credit (HELOC) gives you a flexible pool of funds you draw from as needed, paying interest only on what you use.

  • That depends on your home's value, how much equity you've built, and your credit profile. A Ubay Mortgage Loan Officer can walk through the numbers with you before you apply.

  • Your rate is based on your creditworthiness, loan-to-value ratio, and which option you choose. A HELOC carries a variable rate, while a home equity loan has a fixed rate for the life of the loan.

  • Home repairs and remodeling, a major purchase, education costs, paying down higher-interest debt, or any other need. There's no restriction on how you use the equity you've built.

  • Apply online in a few minutes, and a local Mortgage Loan Officer will follow up with next steps.