Home Equity Loans and Lines

Put in a new kitchen. Pack up and take a family trip. Pay down those medical bills. When you get a home equity product from TCU, the options are limitless. All you need to do is decide if you want a lump sum of cash right away, or if you would prefer a revolving line of credit you can tap into when the need arises.

Home Equity Line of Credit

  • Low interest rate
  • Make use of a revolving credit line for five years
  • Access cash 24/7 via credit card or convenience checks
  • Pay interest only on amount borrowed
  • Monthly payments as low as 1% of outstanding line balance
  • Interest may be tax-deductible
  • View your statements and transactions easily in Online Banking
  • Credit line up to 90% Loan to Value if your mortgage is with TCU

Home Equity Loan

  • Entire loan amount received up front at closing
  • Repayment terms up to 10 years
  • Low, fixed rates mean easy monthly budgeting
  • Interest may be tax-deductible