If you are a homeowner, a Home Equity Loan or Line-of-Credit could be your best borrowing bargain! Also called a second mortgage, a Home Equity Loan pledges your house as collateral.
Our Home Equity offer is for new money and requires a minimum of $25,000. The offer applies to a new home equity loan or re-finance. Existing Sb1 loans need to borrow an additional $25,000.00. There's one low fee of $95 on any Home Equity Loan. Certain states such as NY and Florida incur a tangible tax that will be paid by the borrower and is not included in the $95.
With a Sb1 FCU Home Equity Loan or an Sb1 Line-of-Credit you can:
And best of all, your interest may be tax deductible. Check with your tax advisor for details.
Available up to 80% Loan-to-Value.
Available up to 90% Loan-to-Value to help get you from house to house.
Contact one of our Home Loan Originators via email at firstname.lastname@example.org.