Home Equity Loans

Apply Now Couple does a home improvement project outside.

Now that you’ve built equity in your home, use it to accomplish your goals!

Home Equity Options at a Glance

Home Equity Line of Credit (HELOC)

Open a line of credit (similar to a credit card) with a variable rate. Borrow what you need, when you need it. Learn More


Home Equity Loan

Choose a fixed-rate home equity loan and receive one lump sum, with repayment terms up to 15 years. Learn More

Special Offers

Take Advantage of Reduced Rates and No Closing Costs

Learn & Save

Benefits of a HELOC

  • Make interest-only payments on most products
  • Great for financing multiple projects or making larger payments over an extended period
  • Rest easy knowing you can lock in at a low fixed rate1 up to a 15-year term.
  • Lower interest rates compared to other loans
  • No annual fees
  • No closing costs in most situations

We Can Help

Get answers and helpful guidance with your borrowing needs.

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Home Equity: A Closer Look

Home equity is how much of your home you actually own. It's basically your home's current value, minus the amount left on your mortgage.

For many, it can be a savvy way to tap your home's value for a variety of uses, including:

  • Home improvements
  • Debt consolidation
  • Educational costs
  • Medical bills
  • Unexpected emergency costs

Benefits of a Home Equity Loan

  • A simple way to get a large sum of money quickly
  • Rates and payments stay the same
  • Lower interest rates compared to other loans


Enjoy the Benefits of Membership

When you open an account, you become a member of UW Credit Union. Your membership gives you access to better rates and fewer fees than you'll find elsewhere, plus a range of valuable discounts and services like free financial seminars and budget help.

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