Use your home's equity to redesign your kitchen, buy a car or pay off other bills or whatever you may need....the possibilities are endless! Lowland Credit Union offers a home equity line of credit at a low competitive rate and low closing costs. Put the equity of your home to work for you for improvements, investments or even for an auto purchase. Additionally, the interest paid may be tax deductible (check with your tax consultant). HELOC's have a five year draw period and the loan can be repaid up to 15 years. Your county tax appraisal, in some cases, is an acceptable valuation method thereby saving an appraisal fee in the closing costs. This loan can be tied to a VISA Gold card that can be used anywhere VISA is accepted.
Lowland Credit Union is an equal housing lender and will conduct business in accordance with the federal Fair Housing Act. The credit union will not discriminate against any member on the basis of rate, color, sex, religion, or national origin regarding loans for the purpose of purchasing, construction, moving, repairing or maintaining a dwelling.
Call a loan officer for more details on our home equity loans.