Home Equity Line of Credit
We’ve experienced a surge of interest and applications for a Home Equity Line of Credit (HELOC), which gives you access to needed funds through the financial power of your home’s equity.
Use the financial power of your home’s equity to get a new roof, pay for college, or plan for the “Big Day.” We conduct an appraisal and provide up to 75 percent of your home’s value, with no closing costs.
We are happy to help you leverage your home to benefit other areas of your life with all the perks of this account:
- Variable rate home equity line of credit, competitive base rates
- Quick access with a HELOC debit card or convenience checks at merchants, our branches or any CO-OP ATM location
- No costly start-up fee (some restrictions may apply) or closing costs
- Potential tax benefits (consult your tax adviser)
- Worldwide acceptance at participating MasterCard® merchants
Ready to unlock your home’s equity? Here’s how to apply:
Note: A $200 processing fee will be assessed if an advance of $5,000 or more is not made at closing or if pre-payment is made in full within 24 months.
Check out our loan FAQs for more information.