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Home Equity Loans
Your house is your most valuable asset so why not put it to work for you.
Whether you need money for a remodeling project, a vacation, or
to pay off your credit cards, borrowing against the equity in your home can
provide you with the funds you need.
Once you've been approved, you can borrow up to 100% of the current appraised
value of your home, less the balance on your first mortgage. Use a Home
Equity Line of Credit (HELOC) or Home Equity Loan whenever and for whatever you'd like. The HELOC is a revolving line of credit, so as you make payments against the funds you've used,
the amount of credit available will automatically be restored to your original
approved limit. |
toll-free 1-800-398-2667
Please email us with questions or
comments.
PRIVACY POLICY
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- No Transaction Charge and No Hidden Fees
- No Teaser Rates
- 1st Mortgage is Not Needed at CVCU
- No Prepayment Penalty
- Your HELOC is Easy to Access - Use TEX or e-TEX
to transfer funds directly from your Line of Credit to your regular CVCU
Checking or give us a call and we can transfer the money for you.
- Added Tax Advantage - You may even benefit from potential tax
savings. Consult your tax advisor regarding deductibility.
- Use it again and again!
CHECK OUR HOME EQUITY RATES
Important Terms of our Home Equity
Line of Credit Plan
Maximum rate on home equity line of credit is 16% APR. APR (Annual percentage rate) accurate as of March 15, 2007.
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