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.

Apply for a Loan

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

Helpful Links

Request a Home Equity Line of Credit Advance

Loan Rates

Loan Calculator

Insurance Services