Finance a home renovation, a vacation, and more with a line of credit — backed by the equity in your home.
Key Features
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Competitive Rates
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Revolving Credit
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Contact us for an Application
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Local Service
Details
- Competitive rates for several ongoing or seasonal needs:
- Education expenses
- Major life events
- Major home improvements
- Debt consolidation
- Emergency reserve
- And much more!
- Loan to value maximum of 80%
- Minimum loan amount is $10,000 and maximum is $100,000 based on the existing equity of your home
- 5 year draw period with accommodating repayment terms
- Revolving credit – as principal is repaid, more becomes available for use
- Funds easily available via check, in-person transfers, or online banking transfers to a specified Latah CU checking account
- The interest paid might be tax deductible*
Please contact the Credit Union Loan Department for an application packet or further details on Heloc and First and Second Mortgages, inlcuding rates as they are suject to change
*Consult a tax advisor.