HELOCs for Homeowners

A great option for your new year needs!

The holidays are over so now is the perfect time to start thinking about home improvements that you want to make this year. If you own your home, a Home Equity Line of Credit (HELOC) might be the perfect solution for you if you need extra cash for a new roof, an updated HVAC system, or that bathroom remodel you’ve been dreaming of.

A HELOC lets you access your home equity when you need it and for whatever reason you have. Once a credit line is established, you may access the money anytime simply by transferring the funds online, over the phone or in person at one of our branches. Just like a credit card, you can pay down the balance and reborrow the money as you need to.

How is a HELOC different from a credit card? Unlike other consumer loans, HELOCs may have the advantage of a tax credit plus interest rates are lower.

LCCU offers fixed rates on HELOCs starting as low as 7.50% APY and variable rates at Prime + .25% (rates subject to change and on approved credit).

Let your home take care of you! Give one of our loan representatives a call today at 208-746-7233 or stop by your local branch if you’re interested in learning more about HELOCs or to apply.

We’re here to help you with all your financial needs!