As low as 2.25% APR*
You can use the equity in your home to secure a large credit line for any reason. Leverage the funds for a remodel, home addition, new car or RV, college tuition, any substantial expense, or major purchase. You can also refinance your existing mortgage and lower your rate and monthly payment.
- Tap into a lucrative line at an excellent rate.
- The greater equity established, the greater your credit line.
How a home equity credit line works:
It’s an open line accessible when you need it, available again as you repay. You’ll pay a variable rate, and the amount of your line is based on your available equity and creditworthiness.
Affordable closing costs
You’ll save with a low application fee, no points, and no origination fees. You can also roll your appraisal fee (if an appraisal is needed) into your loan. That way, there’s no need to worry about out-of-pocket costs.
No prepayment penalties
If you prefer to pay ahead on your loan, you won’t be penalized. You also won’t pay extra interest.
Use for any purchase or project!
One of the best reasons to get a home equity line is its unlimited uses. You can virtually use the funds for anything on your dream list.
- Home renovations: new roof, windows, or siding
- Beautiful pool or deck
- New kitchen or bath
- College tuition
- New car or boat
- Debt consolidation
- And much more
A home equity line of credit is such a convenient, affordable financing choice. Get started and enjoy the savings.
* APR = Annual Percentage Rate. APR effective August 1, 2020, and subject to change. Your home equity loan will be subject to rate adjustments on the 1st day of January, April, July, and October of each year. The APR will be determined by the Prime Rate as published in the Wall Street Journal. APR may also vary based on your creditworthiness, loan amount, combined Loan to Value (LTV), term, and security offered. Active Checking required. **No out-of-pocket costs; for loans of less than $50,000, an appraisal and title work may be required, and the costs included with the loan. See the Credit Union for complete details.