Home Equity Loan Solutions from UCU Mortgage

Accessing the equity in your home is a great way to pay for major expenses, like tackling home improvement projects, a kitchen remodel or other remodeling, debt consolidation, college expenses, and more! UCU makes it a great value with low home equity interest rates. And we also make it easy with personal help and an easy application process.

What Makes UCU’s Home Equity Loan Great:

Using your home as collateral provides a competitive pricing strategy with low-interest rates
Low monthly payment to fit your budget and spending habits
Fixed-rate payment means your payment stays the same through the repayment period
The interest you pay may be tax-deductible (consult your tax advisor)
Use for debt consolidation for paying off high-rate loans and credit card balances
Use to pay for major expenses like home improvement projects, a kitchen remodel or other remodeling, travel, and college expenses

Like all our loan products and services, we can customize your home equity loan options to suit your needs and budget.

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Questions about our home equity loans? We are happy to help. Email our Mortgage Loan Originators or give us a call at 800 696 8628.

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Why choose UCU for a home equity loan

At UCU, we know you have goals and that sometimes you need a little help reaching them. That’s where we come in. We offer great home equity loan financing to help you reach almost any goal. Here’s why we think UCU is your best lender for a home equity loan.

We’re not-for-profit.

As a credit union, we’re a not-for-profit financial cooperative. That means we get to take any money that we make and return it to our members in the form of better rates on products and services. The result is competitive rates for a better value. Our low home equity rates and low closing costs will help you pay less over the repayment term so you can use more of your money for reaching your goals.

We’re local.

We are based right here in the communities we serve, so we make all our lending decisions locally. That gives us more flexibility in deciding who to lend to and how to structure our loans to suit your needs. We don’t have to wait for loans to be approved at a corporate headquarters. Instead, your local lending team makes the loan decisions and works with you directly on making sure your home equity loan gives you what you need.

We are owned by our members.

UCU is not owned by shareholders, but instead by our members. That means that pleasing our members is our biggest job and our most important priority. We’re here to work with you on your home equity loan and to help you succeed.

We are experts.

At UCU, we offer the assistance of experts who specialize in loans. Our lenders have a wealth of experience in lending and know how to guide you through application and closing. This makes the entire process easy for you from start to finish. And if you ever have any questions about a home equity loan, we can give you the answers you need.

We are focused on service.

At UCU, we think personal service is still important in banking. So we are dedicated to providing our members with the friendliest, most helpful service around. We try to learn all our members by name and treat you like a person, not an account number. So whatever you need, we try our best to deliver because we care.

Using your home equity loan

Accessing the equity in your home can be a great option for those who want to accomplish any number of goals. Here’s why.

It’s affordable.

A home equity loan from UCU can be an affordable way to finance your goals. It all starts with using your home as collateral. Doing this gives you access to some of the lowest financing rates available. Plus, as a not-for-profit credit union, UCU is dedicated to providing our members with great value, so we offer some of the best home equity interest rates you can find. We also make sure to keep our closing costs low so you can use more of your funds to reach your goals while staying in your budget.

It gives you the cash you need.

Unlike personal loans, which may give you access to just a few thousand dollars, a home equity loan can give you access to a larger lump sum of cash, depending on how much equity you have in your home. UCU can work with you to decide how much equity to tap into based on your qualifications.

It’s flexible.

Unlike some loans, a home equity loan can be used for just about anything. Want to go for a kitchen remodel? Tackle home improvement projects? Pay for major expenses? Travel? Cover college expenses? Pay off high rate credit card balances and consolidate debt? You can do this all – and more – with your home equity loan from UCU.

It may be tax-deductible.

The interest you pay on your home equity loan may be tax-deductible. Consult your tax advisor for further information and requirements.

It’s free from surprises.

Because it has fixed rates, your home equity loan monthly payment will stay the same through the entire repayment period. Without the unknown of variable interest rates, you can rest easy that your payment won’t increase when interest rates rise.