Home Equity Lines of Credit (HELOCs)
If you’ve built some solid equity into your home, a home equity loan is one of the smartest ways to borrow money. It can give you access to cash for education, home improvement, debt consolidation, medical expenses, vacations, and more.
A Home Equity Loan is the perfect way to find “extra” cash for big expenses. Get a one-time lump sum with a fixed-rate and consistent monthly payments.
A Marshland Home Equity Line of Credit features:
- Marshland Credit Union pays all closing costs.
- Loan based on the equity accrued in your home.
- Interest may be tax deductible (consult your tax advisor).
- Borrow up to 80% of the value of your home.
- Convenient Payment Options available.
*Your Annual Percentage Rate (APR) may differ from the one shown and will be based on your credit worthiness and loan to value. Please ask a loan officer for details on how your rate is determined. The rate is variable and may change. Rate may not exceed 18% at any time. Property and/or flood insurance may be required. Terms, rates, and conditions are subject to change without notice. No closing costs offer may be withdrawn without notice. Maximum loan amount is 80% of LTV. ***Please consult your tax advisor.