You’ve worked hard for your home, now let your home work for you. Go ahead – remodel, fix that leaky roof, finance your children’s education, or consolidate high-interest credit cards into one low-cost payment. We can help you achieve your goals with a Home Equity Loan (Second mortgage) or Home Equity Line of Credit that’s right for you.

 

What’s the difference between a Home Equity Loan and a Home Equity Line of Credit:

Home Equity Loan (Second Mortgage)
  • Also known as “Second Mortgage” (but does not impact your First Mortgage in any way)
  • Can be used for almost anything
  • Borrow fixed amount (Borrow up to 100% of the appraised value of your home!*)
  • Fixed payments amounts
  • Receive lump-sum payment
  • Fixed interest rate
  • Only pay the cost of appraisal and NO other closing cost
  • NO early payoff penalties
Home Equity Line of Credit 
  • Also known as “HELOC” (but does not impact your First Mortgage in any way)
  • Can be used for almost anything
  • Revolving credit with a limit based on your home’s equity
  • Payment based on percentage of outstanding balance owed
  • Draw funds as needed for a specific period of time
  • Variable interest rate based on the prime plus rate
  • NO closing fees or appraisal fees
  • NO early payoff penalties

Call  1-877-329-2405 or 402-391-4040 to schedule an appointment and learn more or apply online today!

 

*Some restrictions may apply. Rates subject to change without notice. See your Credit Union for details. Equal Housing Lending.  Federally Insured by the NCUA.