Sure you have to mow the lawn and pull the weeds, but home ownership has some serious advantages too. Like having the ability to turn your home's equity into a competitive-rate line of credit.
A HELOC features revolving funds that can be used again and again without having to reapply — perfect for ongoing projects like building a backyard oasis. And we'll work with you to find repayment terms that fit your budget. Apply for your HELOC online today!
- Competitive rates for several ongoing or seasonal needs:
- Education expenses
- Major life events
- Major home improvements
- Debt consolidation
- Emergency reserve
- And much more!
- The existing equity in your home is used as collateral backing
- Accommodating repayment terms that work uniquely for you
- Funds available anytime without reapplying; apply once, then use repeatedly thereafter
- Revolving credit – as principal is repaid, more becomes available for use
- Funds easily available via check or deposit to a specified SWACU checking account
- The interest paid might be tax deductible*
- Set up automatic payments to be deducted from your account monthly
- Quick decision-making and processing
- Attentive, friendly service from start to finish
Visit our Mortgage Web Center to check rates, get a quote, and start the application process!