HELOCs & Home Equity Loans

Couple does a home improvement project outside after securing financing using their home equity.

Discover a Better Way to Borrow

Tap into your home's built-up equity with a fixed-rate loan or flexible line of credit. You'll save with great rates and a variety of terms, plus no annual fees and low or no closing costs.

Home Equity Lines of Credit (HELOC)


Use and reuse your line of credit for the ultimate flexibility. Learn More

Home Equity Loans


Get a fixed rate and term for steady loan repayments. Learn More

Explore closing cost discounts available with your mortgage at UW Credit Union.

Special Rates Available

Thinking about a new HELOC or considering refinancing an existing one? ​Check our current offers first.

>> Explore Offers

Why Use Your Home Equity?

One of the most powerful financial tools homeowners have is their home equity (the value of your home minus your mortgage balance.)

Home equity loans and lines of credit let you tap into your equity and use the cash for just about anything, such as home improvement projects, college tuition or debt consolidation. 

With UW Credit Union, you'll benefit from:

  • Custom rate quotes - Explore home equity line of credit (HELOC) options to find the best fit for you.
  • Competitive rates - You'll usually save big when comparing home equity rates to credit cards and personal loans.
  • Zero surprise fees - No annual fee, no application fee, no prepayment penalties, and low or no closing costs.1
  • Potential tax benefits - Interest is usually tax deductible when used for home improvements (consult your tax advisor).

With lower rates and more flexible terms than most other loan types, it can be your smartest and best choice for financing.


Frequently Asked Questions*

What is home equity?
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What's the difference between a home equity line of credit and a home equity loan?
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How do you come up with a value for my home?
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Why and when should I use my home equity?
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Is it risky to use my home equity?
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How does a home equity loan or line affect my credit score?
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>> More Home Equity FAQs

Get in Touch

Want to know more about using your home equity? Get in touch with our local experts and get the answers and advice you need.


ITIN Lending - UWCU is proud to accept ITIN for HELOC applications. 

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