Login To:

802/800 371-5162

Home Equity Loans & Lines of Credit

There's opportunity in your home. For whatever important purchase or financial need you're considering that will require borrowing money, using the equity built up in your home can be one of the most affordable ways to borrow.

The equity in your home is the difference between the appraised-value of your home less all other outstanding balances on your existing mortgage. This is the amount that is available to borrow from up to a certain limit.

There are two types of loans that utilize the equity in your home; a closed-end home equity loan or a home equity line of credit. Either type of program can make for an attractive borrowing option when it comes time to:

• consolidating higher interest rate debt
• making home improvements
• paying for higher education
• making major purchases
• paying for medical expenses

Many members will choose a home equity loan or line of credit as a borrowing option because of the tax advantages it provides. The interest paid on the loan can be tax deductible. We encourage you to seek professional advice from your tax planning professional to seek more information about the eligibility of tax deductions.

Check both our loan and line of credit options to see which meets your needs.

Apply Today!

See our online application!