What can you do with a home equity loan?

Maybe it’s time to finally clean up credit card debt, pay off medical bills or make those repairs around the house? A home equity loan can fund any of these – or pay for tuition, a wedding or other major expense.

With a home equity loan, you can use up to 80% of the current net value of your home. Interest rates are lower than credit cards and other unsecured loans, so it’s a smarter alternative. Plus, the mortgage interest is tax-deductible.

City CU’s Real Estate team will determine your available equity, provide quick approval and help you through the whole process.

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