Home Equity Loans with U$X FCU are an easy and convenient way for homeowners to borrow against the equity that has built up in their homes over the years. Your home is one of your most valuable assets and you can make that value work for you. In some cases, the tax laws consider the interest paid on your Home Equity Loan a tax deduction, making them an outstanding borrowing opportunity.



Fixed Rate Home Equity Loan

  • Terms from 5 to 20 years
  • NO Applicaton Fee
  • Financing available for up to 80% of the market value of the home, less outstanding mortgages or liens
  • Interest rate and payment are fixed for the life of the loan
  • Interest may be tax deductible, consult a tax advisor
    for details

 

Home Equity Line of Credit

The Federal Reserve Board Brochure: What you should know about Home Equity Lines of Credit.

  • 10 year Draw Period
  • NO Application Fee
  • Interest may be tax deductible, consult a tax advisor
    for details
Options 
Loan to Value(LTV)
Current Rate
Max. Loan Amount
Plan 1
60%
Prime Rate minus 1%
$250,000
Plan 2
70%
Prime Rate minus .5%
$250,000
Plan 3
80%
Prime Rate
$250,000
Plan 4
90%
Prime Rate plus 1%
$100,000


Minimum Real Estate secured loan amount $10,000. Property must be owner occupied and primary residence in PA and OH. Rate can not go below 4.0% APR.

Closing Costs may apply and varies by county. A good faith estimate will be provided in accordance with Federal Law.

Protect your loan and credit rating with U$X FCU Borrower Security, ask your member service representative for details.

For questions or assistance please contact our Mortgage Loan Specialists at 1-888-219-3159 or Click the Contact Us link.

U$X Federal Credit Union NMLS #736140

 
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Your savings are federally insured up to $250,000
Federally insured by NCUA
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