Home Equity
The equity you’ve built in your home can help you at every stage of life – for major purchases, a new car, college tuition, debt consolidation, home remodeling or improvements and more.
Premier Credit Union has options available so you can choose the one that’s perfect for you.
Home Equity Line of Credit (HELOC)
A HELOC is an open-end revolving line of credit secured by the equity in your home.
See loan features
- Low variable interest rate
- 30 year amortization
- Open ended line-of-credit – as you repay your balance, your credit line is available again for future use.
- Request a credit advance electronically
- Low closing costs
Closed-End Home Equity Loan
If you prefer a fixed rate and term, choose Closed-End Home Equity Loan.
See loan features
- Low fixed rate
- 5 to 20 year amortization
- Regular monthly payments until balance is paid in full
- Interest rate and monthly payment remain the same over the life of the loan
- Low closing costs
Home Improvement Loan
If you have a specific project in mind, our Home Improvement Loan may be for you.
See loan features
- Low fixed rates
- Available with or without a second mortgage on your home
- Borrow up to 133% of your home’s value
- Up to 20 year term
