Credit Union West - So much more than money

HOME EQUITY LINES OF CREDIT

As any homeowner will tell you, buying a house is only the beginning. Whether you’re improving on a dream, or fixing up a starter house, we have the loans to help. We can also help you tap into the equity in your home for a multitude of purposes.

Borrow up to 100% Loan To Value (LTV is the amount owed on your home divided by its market value).

* Use the money however you like—for remodeling, college, debt consolidation, travel, even a small business
* Get a low variable rate based on your personal credit history
* Borrow the money as you need it over 20 years
* Access your equity line by check, Platinum VISA®, online, telephone, etc.
* Pay interest only on what you borrow (a balloon payment may result).
* Possibly write off the interest at tax time
* No pre-payment penalties

Variable rate calculated by index (Prime rate as published in the Wall Street Journal) plus a margin, with a floor of 4.75% APR (annual percentage rate) and a ceiling of 18% APR. Minimum payments may be interest only based on outstanding balance. Consult your tax advisor about tax deductibility.

Other Home Loans

No Equity Home Improvement Loan
An alternative option to our line of credit for those borrowers who like the stability of a set rate and payment. An excellent choice for debt consolidation, home improvement projects (pools and casitas) or other large ticket items.

* Borrow at a low, fixed rate, and flexible terms available.
* Use the money for remodeling, a new roof, air conditioning, landscaping, to add an extra room or even a casita.

Pool Loan

* Take the plunge and finance your pool at a low, fixed rate, and flexible terms available.

Apply for your Home Equity Loan or Line of Credit Now!

Credit is subject to approval and certain restrictions may apply. Programs, rates, terms and conditions may change at any time.