This is only a partial list. Speak with your loan officer to learn if your home improvement project qualifies.
With a home equity line of credit, you can draw on the loan over time with no additional paperwork as you pay down the principal.
Everence Federal Credit Union, NMLS #403410
1 Annual Percentage Rate (APR) shown current as of 7/1/2020 for applicants with excellent credit and is subject to change without notice. APRs based on credit score and loan-to-value. Your APR may be higher. Sample term: If you borrow at 3.25% APR for a 10-year term your estimated monthly payment may be $244.30. Offer subject to credit approval.
2 A credit of up to $300 will be applied toward closing costs for home equity loans of $25,000 and above. If the home equity loan is closed within the first 24 months, the credit will be charged at payoff.
3 Discount applicable with 10-year fixed rate home equity loans. Documentation of home improvements required.