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HELOCs for Homeowners

A great option for your new year needs!

The start of the new year is the perfect time to start thinking about home improvements. If you own your home, a Home Equity Line of Credit (HELOC) may be the perfect solution for you when 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’s 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 re-borrow 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)

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!