Home Equity & Improvement Loans

Use the equity in your home to make renovations that increase its value.

Apply for a Home Improvement Loan today >

Home Equity & Improvement Loans

Put your home to work for you! Use the equity you've built in your home to fund a home improvement project, pay down debt, or even take a vacation. Choose from a Home Improvement or Home Equity Loan:

  • Home Equity:
    • Funds can be used for anything the member wishes
    • Low, fixed rate
    • Terms up to 20 years
    • Borrow up to 80% of home's fair market value (less any outstanding liens)
    • No pre-payment penalties
    • A low fee may be assessed for application. If an appraisal is needed, member will be responsible for cost.
    • Takes a minimum of 17 days to fund, including the government-mandated 12 day "cooling-off" period
  • Home Improvement:
    • Funds may only be used for home improvements
    • Low, fixed rate
    • Terms up to 20 years
    • Borrow up to $300,000, not to exceed 90% of your home's assessed value (less any outstanding liens)
    • No pre-payment penalties
    • Interest may be tax-deductible (consult your tax advisor)
    • Automatic payments are available

   

Questions? Give us a call at (409) 898-3770 or (800) 456-4684.