Looking to finance a home renovation, consolidate debt, or make a major purchase? A Home Equity Line of Credit (HELOC) or a Fixed-Rate Home Equity Loan could be the solution you need. Now through July 31, 2024 enjoy a 1.00% discount off your qualifying rate, plus $200 off closing costs*. By tapping into the equity you've built up in your home, you can access needed funds at potentially lower interest rates than other loan options.

*APR=Annual Percentage Rate. Rates are based on Prime Rate as published by the Wall Street Journal, and subject to change. Rates are as low as and based on an evaluation of credit history. The 1.00% discount will apply to the qualifying APR on home equity line of credit (HELOC) loans and fixed-rate home equity loans. The closing cost reduction will be given as a $200 deposit into the associated share savings account once the HELOC or fixed-rate home equity loan closes. Property must be 1-4 family residential. Minimum initial draw amount for HELOCs is $5,000. Minimum loan amount for fixed-rate home equity loans is $10,000. The plan has a maximum rate of 18.00%. The maximum LTV is 85%. The information provided does not constitute a loan commitment. Please call for closing costs. Consult a tax advisor for the deductibility of interest. Offer valid May 1 - July 31, 2024. All rates, terms, and conditions are subject to change without notice.

Home Equity Line of Credit

Our Home Equity Line of Credit (HELOC) is perfect for expenses in which you may not need the money all at once. You can access the available funds as needed throughout a 10-year draw period. Once the draw period ends, there is a 10-year repayment period, and no annual fee during the entire loan term. We will lend up to 85% of the appraised value in your home, minus the balance of your first mortgage (if applicable). Our HELOC may be used for many reasons, including:

• Home renovations, repairs, or improvements
• Debt consolidation
• Education expenses: tuition, books, room and board
• Having money on standby when you need it

Fixed Rate Home Equity Loan

Our Fixed Rate Home Equity Loan is the perfect solution for one-time expenses. It offers a fixed rate and monthly payments that do not change during the entire life of the loan. Loan terms are more accommodating, so you can choose the option that best fits your needs. We will lend up to 85% of the appraised value in your home, minus the balance of your first mortgage (if applicable). Our Fixed Rate Home Equity Loan may be used for many reasons, including:

• Refinance a variable-rate home equity line of credit
• Consolidate variable-rate credit cards
• Home renovations, repairs, or improvements
• Appliances or furniture
• Medical or veterinary expenses

Calculate the Available Equity in Your Home 

 

Emerald Payment Protection with Life Plus

Financial Protection for the Unexpected - Protect the Ones that Matter Most

Your family means everything to you. And if the unexpected happens, you don't want an emotionally trying situation to be compounded by financial worry. That's why there's Emerald Payment Protection with Life Plus, which may cancel your loan balance or payments, up to the contract maximum, in the event of involuntary unemployment, disability, or death. Eligible loans include:

• Vehicle Loans
• Personal Loans
• Platinum Visa Credit Cards
• Wish List Loans
• Home Equity Loans

Take an important step toward financial security. Ask us about Emerald Payment Protection with Life Plus today.


Your purchase of Emerald Payment Protection with Life Plus is optional and will not affect your application for credit or the terms of any credit agreement required to obtain a loan. Certain eligibility requirements, conditions and exclusions may apply. Please contact your loan representative or refer to the Member Agreement for a full explanation of the terms of Debt Protection. You may cancel the protection at any time. If you cancel protection within 30 days, you will receive a full refund of any fee paid.