Home Equity Line Of Credit (HELOC) Put Your Home to Work
Easy access is what Kitsap Credit Union's variable rate Home Equity Line Of Credit is all about. This type of loan is an ideal source of funds for ongoing expenses or financial emergencies. You can access your established credit line any time for any purpose. You have access to your line of credit for 10 years and your payments are based only on the amount you owe. You can borrow up to 90%† of the value of your primary residence minus your first mortgage.
Benefits of a HELOC:
12 year term.
You can draw funds from it for up to 10 years.
Payments can be made by, allotment, payroll deduction, automatic transfer, or online via CU@Home.
Interest paid on a home equity loan may be tax deductable.**
Get the full picture of your credit with a 3-in-1 credit report from Equifax. This consolidated credit report contains important credit information that can help you as you apply for real estate loans.
Rate Info
APR* As Low As
5.00%
*Annual Percentage Rate Current as of June 16, 2008