A home equity loan allows you to use the equity you have tied up in your home for other purposes, such as paying for home improvements, buying a car, or financing an education. Our fixed rate line of credit allows you to establish a credit line and then advance funds as you need them. Our equity loan has a fixed term. This type of loan is ideal for members that have a particular project or purchase in mind, and therefore know the exact amount they need to borrow. Here is what you get with either the loan or credit line:

• A great low rate and low payment
• Flexibility on the loan purpose
• Tax advantages (for most homeowners)
• Fixed terms of 5, 10, or 15 years
• No prepayment penalties