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Home Equity Line of Credit

 

Fire off a list of home improvement chores and then head to your CU for a LOW rate Home Equity Line of Credit (HELOC) loan.  So, tackle those home improvement projects, send the kids to college, splash around in a tropical paradise, or take a spin in a new convertible!  Whatever is on your "to do" list, consider a HELOC to get the job done. 

 Don’t forget we offer FREE Home Equity share drafts too. It’s the easy way to access your available credit when it’s convenient for YOU!  Here are some other benefits of a HELOC from your CU:

 

We pay closing costs* with a minimum advance of $10,000, excluding appraisals, for all new HELOCs.

You can use your recent appraisal or tax assessment.

Borrow up to 90% of the market value of your home.

Free HELOC share drafts so you can access your line of credit when it’s convenient for you.

* Excluding appraisals.  HELOC must carry a balance for at least 24 months or closing costs will be refunded to RPEFCU.  Loans subject to qualification. Rates and terms are subject to change without notice.