Home Equity Loans
What can you do with a City Credit Union home equity loan?
Maybe it’s time to pay off credit card debt, cover medical bills or finally tackle those long-overdue home repairs. A home equity loan can also help pay for tuition, a wedding or another major expense.
With lower rates than many credit cards and unsecured loans, a home equity loan can be a more affordable way to borrow. Fixed rates and terms also help keep payments predictable.
Highlights include:
- Fixed rates and terms for payment stability
- Competitive pricing based on current market conditions
- Flexible loan amounts based on available home equity
- Closings in as little as 15 days in many cases
City CU’s Real Estate team can help determine available equity, provide quick approval and guide you through the process from start to finish.
(214) 515-1975
realestate@citycu.org
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What is a Home Equity Loan?
With a home equity loan, you can typically borrow up to 80% of your home’s current value, minus any existing liens.
For example, if your home is appraised at $200,000 and you owe $100,000, you may have about $60,000 in available equity to use.
*Equal Housing Lender. Loans subject to credit approval. Certain restrictions apply. See credit union for details. Federally insured by NCUA.