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Unlock more of your home’s value for:
• Home Projects • Tuition • Debt Consolidation • and more!
Borrow Up to 100% of the Equity in Your Home for:
Debt Consolidation – save more money, reduce your number of monthly payments, put more money back in your pocket
Home Improvements – upgrade appliances, update your favorite space, create a home office
Large purchases – buy that big-ticket item
Purchase a retirement home or vacation home
Pay off your existing mortgage
UECU Home Equity Loan Benefits:
- Rates as low as 3.49% APR*
- No application fees
- Terms up to 20 years
- Dedicated Financial Service Consultant to help you from start to finish
- Easy application online or by phone
Save more with a UECU Home Equity Loan.
Home equity loan to consolidate debt – The debts being consolidated are credit cards and store credit accounts with payment amounts of 2% of the balances, an average rate of 15% ($11,667), and would take 6 years and 8 months to pay off, paying $400 per month.
$20,000 Home Equity Loan
5 year term
Fixed rate of 3.49% APR*
New payment: $364
Interest amount: $1,826
Amount of interest savings: $9,839
*Rate based on 90% loan to value (LTV) & 60-month term. Rate shown is our lowest rate which is based on an evaluation of credit and maintaining an active UECU Checking Account with at least one transaction per month. Offer can be discontinued at any time without prior notice. APR = Annual Percentage Rate. Home Equity products are not available in all states. Some states charge additional recording tax after loan origination for which you are responsible. If your home is located in SC, an attorney must assist with your real estate closing, and may charge fees. Early closing reimbursement fee of $400 will be assessed if Home Equity Loan or Line of Credit closed within the first 12 months after opening; up to $200 if closed during months 13 to 36. Real estate must be first or second lien, 1-4 family owner-occupied residential property. Homeowners insurance is required. Flood insurance required for properties designated in flood zones. Equal Housing Opportunity. Equal Opportunity Lender.
*Home Equity products are not available in all states. Real estate must be first or second lien, 1-4 family owner-occupied residential property. Homeowners insurance is required. Flood insurance required for properties designated in flood zones. 100% maximum loan to value (LTV). LTV calculation is dependent upon the appraised value of your home. The Introductory Rate is a fixed rate for the first 12 months from the date of the loan. After 12 months, existing and new balances will be subject to the variable regular rate which is the Wall Street Journal Prime Rate (“index”) plus the “margin” above or below the index rate as disclosed in your loan agreement. Regular rates will vary and may adjust quarterly without notice. Maximum lifetime interest rate will not exceed 18% APR. Some states charge an additional recording tax after loan origination for which you are responsible. If your home is located in SC, an attorney must assist with your real estate closing and may charge fees. An early closing reimbursement fee of up to $400 will be assessed if your Home Equity Line of Credit (“HELOC”) is closed within the first 12 months after opening; up to $200 if closed during months 13 to 36. Existing UECU HELOC accounts are not eligible to receive the introductory rate, and are subject to modification or conversion fees. Offer subject to change and can be canceled or withdrawn at any time without notice. Equal Housing Opportunity. Equal Opportunity Lender.
Federally Insured by NCUA
Utilities Employees Credit Union is an Equal Opportunity Lender.
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All products and services available on this website are available at Utilities Employees Credit Union at 11 Meridian Boulevard in Wyomissing, Pennsylvania.