Consumer Loans

Auto
Recreational
Home Equity
Personal

Auto Loans

You're in the driver's seat with an auto loan from Blackhawk. Whether you're ready to refinance and save money or purchase a new vehicle, our auto loan program offers many benefits to fit your goals.

Refinancing options available
New or used cars
Flexible payment options
Personal, FREE consultation with an expert Vehicle Buying Program

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Recreational Loans

When it's time to hit the open road, explore waterways, or escape to solitude, we'll help you get there. Blackhawk is your go-to for loans on snowmobiles, motorcycles, travel trailers, campers, motorhomes, and boats.

Great rates
Flexible payment options
Refinance options available
Generous terms and affordable monthly payments

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**upon qualification

Home Equity

As your house has increased in value, your equity probably has, too. Make great use of it to pay for home improvements, a vacation or any large expense you encounter.

Use the equity in your home as collateral
Low fees and interest rates
Only pay interest on what you use

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Home Equity Line of Credit vs. Second Mortgage

We know the options can be overwhelming - we're here to help. The chart below explains the differences between a Home Equity Line of Credit and a Second Mortgage. If you decide a Second Mortgage is the best option, you may apply here.

	Home Equity Line of Credit	Second Mortgage
Monthly Payments	Payment set each time an advance is made*	Set amount each month
Financing	Up to $250,000 or 90% of equity	Up to $250,000 or 90% of equity
Repayment term	Up to 20 years (5-year draw period)	Up to 15 years
Tax deductible interest*	Possibly	Possibly
Appraisal of valuation	May be Required	May be Required
Rate	Variable rate***	Rate fixed for balloon period

* A payoff period of 240 monthly payments (20 years) will be used to calculate the payment. Payments will be set to repay the balance after an advance, at the current annual percentage rate, within the payoff period. Payments may also change if the annual percentage rate increases or decreases.

**Consult your tax professional regarding interest deductibility

*** The rate is based upon the value of an index. The index is the highest rate identified as the Prime Rate in the Money Rates section of the Wall Street Journal. Rates are subject to change daily. Based upon the LTV ratio, a margin is added to the value of the index. The floor rate is 2.99% (Up to 80% LTV) and the maximum rate will never exceed 18.00%. You can obtain credit advances for 5 years. Your payment will be set to pay off any balance after the initial draw period for a period of 20 years. Minimum payments will never be smaller than $100. Payments will remain the same unless an advance is made. There is no minimum cash advance. The maximum home equity line depends on the home value and total loans secured by the home. Closing costs may exist and you may be required to pay for an appraisal up front with the possibility of reimbursement at closing, at the sole discretion of BHCCU. You must consult a tax advisor regarding the deductibility of interest.

See our home equity brochure and disclosures for more information.

Signature Loans and Unsecured Loans

When you need money to pay off debt, take a trip, or pay school expenses, we're here to help, even if you have few assets. These loans provide your options.