Christian Financial offers two types of Home Equity Loans: Closed End Home Equity and Home Equity Line-of-Credit Loans. Borrow up to 90% of your home’s value, minus liens and mortgage balances. Our rates are very competitive and in most cases, there are no fees.
Accessing the equity in your home offers several advantages:
§ The interest you pay may be tax deductible. Ask your tax advisor if you qualify for the tax deduction.
§ Low interest rates make equity-based loans one of the smartest and most cost effective ways to borrow money.
§ You decide how to use the money – whether it’s debt consolidation, college, or home improvement.
Home Equity Visa by Christian Financial Credit Union
Use your Home Equity Visa for convenient access to the equity in your home for a variety of reasons. Whether you want to make home improvements, pay college tuition, go on vacation, buy a car, or just have a safety net - CFCU's Home Equity Visa can get you the cash you need. You only pay interest on the amount you advance, and the interest you pay may be tax deductible (consult your tax advisor for more information).
For more details on putting your home’s equity to work for you, e-mail us, contact a Home Equity Specialist at (586) 779-LOAN, or apply online.
Check out our great rates for home equity loans!
Apply for a Home Equity Loan!