Home Equity Loan Options

With NuUnion, you've got choices.

Fixed rate Home Equity loan

Low interest rates and flexible terms make this a good way to borrow. With this loan, your home is collateral, and your loan repayment is predictable:

• Equal payments over a fixed period of time
• Can qualify for up to 80% of equity

Home Equity Line of Credit (HELOC) with variable rate

HELOC is a form of revolving credit. Your home serves as collateral, and you're approved for a maximum amount of credit - that's called your credit limit. HELOC benefits include:

• Low, variable interest rate
• Five year draw period (that can be extended)
• Payment is 2% of the outstanding principal balance ($100 minimum)

You can access funds through HELOC checks, Internet Banking, Phone Banking, calling the Member Contact Center, or visiting any branch.