Home Equity Loans
Does your kitchen still sport hues of avocado green? Has sharing a bathroom lost its charm? We all have things we’d like to do to make our home a better place for our family. Your home is your biggest financial investment, so it ought to be something you’re happy living in. And in today’s sluggish real estate market, moving isn’t often a good option. It makes sense to hunker down and make the very best of the home we have.
Whether you’re planning to call the contractor or knock out that drywall yourself, your first call should be to Cowlitz Credit Union for the funds you’ll need to get the job done right. We’ll match you up with a low-cost home equity loan that works best for you. Whichever option you choose, you can be assured of a great rate and remarkably low closing costs. Plus, you’ll get a head start on your home repair with $100 gift card to Home Depot!
It pays to look at the whole picture when comparing your loan options. With other lenders, you’ll end up paying an average of $3,000 - $5,000 in fees. Our members pay an average of just $1,400 in closing costs!
Call our Financial Services Department today to discover which loan works best for you. Then you’ll be on your way to a home sweeter home. . .and a $100 gift card!
Call-out:
-Borrow up to 80% of appraised or assessed value, whichever is higher. We can use your appraisal up to one year old.
-No processing or application fees – only a 3/4% origination fee. All other fees are third party.
Seven-Year Balloon First and Second Mortgages
-Enjoy a low rate for 7 years, then choose to pay off the loan or refinance
-First mortgage amortized over 30 years; second mortgage over 20 years
Fixed Rate Home Equity Loan
-Borrow up to $200,000
-Lock in at a low rate for up to 15 years
Home Equity Line of Credit
-Borrow up to $50,000
-Variable rate currently at a historic low!
|
