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Home Equity and Home Improvement Loans
Home Equity Line of Credit - Apply for a Home Equity LOC
Use the equity in your home to pay for all the things you need - and want! Remodel your home, buy a car, pay off bills, take a vacation - the choice is yours. Benefits of this loan include:
- Easy application process - apply online, by phone, or at any branch
- Terms up to 25 years, including a 10-year draw period
- 70% loan-to-value financing
- Borrow from $10,000 to $200,000
- Low application fee
- No appraisal fee
- No pre-payment penalties
- Payable within 15 years of the final loan advance
- Easy access to funds - convenience checks, branch withdrawal, take an advance at an EECU ATM, or transfer funds through Online Access Home Banking
- Interest on the loan may be tax deductible - consult your tax advisor
- Life insurance available
To apply for a HELOC limit increase, please call us at 559-437-7700 or 1-800-538-EECU, or visit any EECU branch.
FHA Title 1 Home Improvement - Call or visit us to apply
A fixed-rate loan for home improvements on your residence or second home.
- Terms from 84 to 240 months
- Borrow up to $25,000
- No annual fee
- FHA insurance premium paid by EECU
- Complete the work yourself without having to hire a contractor
- Low fees and closing costs
- Convenient repayment services
- Life insurance available
You can also take advantage of the equity in your home by applying for a second mortgage. For more information on this type of equity loan option, click here.
