Home Equity Line of Credit
If you've built enough equity in your home, you can use it to secure a line of credit. This type of loan gives you flexibility to use and re-use the funds as the need arises.
Cover large purchases, make emergency repairs, or go ahead and take a vacation. Your home is your greatest asset - put it to work for you the easy way!
- Ideal for immediate cash needs
- Access funds when you need to
- Only pay interest on what you use
- Re-use as needed without re-applying
- Competitive variable interest rate
- Interest may be tax deductible*
- Local decision making
- Personal service from people you trust
- Rates as low as 4.75% APR**
*Consult a tax advisor
**FCCU membership required. APR as of 6/19/17. Actual APR will vary based on loan amount, loan to value, and credit history. APR may vary after account is opened. Variable APR is indexed to Wall Street Journal Prime plus a margin, but will not exceed 18.00%. Loans subject to credit approval. Rates subject to change without notice. Some restrictions apply.