Use your Home Equity loan to:

• Remodel your home or build an addition
• Consolidate Debt
• Take your dream vacation
• Pay for Tuition or Wedding Expenses

Home Equity Loan

• A closed end loan with a specific term and amount
• Fixed rate with a fixed payment amount.
• Terms available up to 15 years.
• No origination fees
• A good choice for one-time purchases or expenses, such as debt consolidation, home loan refinance and a vacation.
• You may be eligible to borrow up to 90% of the equity in your home.
• Interest may be tax deductible (consult your tax advisor).

Home Equity Line of Credit

• Variable interest rate loan. The interest rate may vary once annually. It may not change more than 2% per year
• Terms available up to 15 years.
• No origination fees
• Once approved you have access to use and reuse your pre-approved credit limit for up to 5 years.
• Useful for ongoing expenses such as a home improvement project, wedding or tuition expenses.
• Borrow what you need, when you need it.
• You may be able to borrow up to 90% of the equity in your home.
• Interest may be tax deductible (consult your tax advisor).

Contact a UFCU lender to discuss your options!