Home Equity Line of Credit (HELOC)
Cash In on the Equity You’ve Put Into Your Home with a HELOC from Vital FCU
Since the Day You Signed the Papers, Your House Has Become More Than Just a Roof Over Your Head
Lots of hard work and money have gone into making it your home. Take advantage of the Home Equity you have been building with our variable rate Home Equity Line of Credit (HELOC). Please contact us for rates and terms.
HELOC Rates & Details
Rates tied to prime
Credit lines up to $100,000.00
Use funds for a variety of purposes: debt consolidation, home repair, vehicle purchases
Rate changes January 1, July 1 and at time of advance
Any member with a Home Equity Line of Credit (HELOC) with VITAL FCU is required to maintain insurance on their home and provide proof of this insurance showing the credit union’s name as the mortgagee.
Subject to credit approval.
Terms and conditions apply. Contact us for full details. Subject to stop at any time.
What Can a HELOC Be Used For?
HELOCs can be utilized for a variety of purposes, but here are some of the most common things HELOCs are used for:
Home Improvements and Renovations: Funding projects that enhance home comfort and value
Debt Consolidation: Combining higher-interest debts into a single, lower-interest loan
Education Expenses: Paying for college tuition and related educational costs
Emergency Fund: Covering unexpected expenses like medical bills or urgent home repairs
Major Purchases: Financing significant expenditures such as a new car or a wedding