HELOCs & Home Equity Loans

Couple does a home improvement project outside.

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.

Let's Put Your Home Equity to Work

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

Why Use Your Home Equity?

One of the most powerful financial tools that 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.
  • 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, home equity is often your smartest and best choice for financing.

Home Equity FAQs

Check out helpful answers to our most frequently asked questions.

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We Can Help

Have questions or need help? Our team is here for you.

Request a Call

 

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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Demystifying Home Equity Lines of Credit

While there are plenty of resources that explain what a home equity line of credit (or HELOC) is and what you can use it for, you’re not alone if you still have questions. If you’re intrigued by the prospect of a HELOC, but still cautious about filling out an application, we’re here to help.

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What to Know About Using Your Home Equity

If you’re considering using your home equity but have questions about whether it’s a good fit for you, you’ve come to the right place.

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Use your HELOC or home equity loan to add value to your property that you can enjoy for years to come.

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