If you need financing for home improvements, debt consolidation, or any other reason, Quaker Oats Credit Union’s home equity loans may be perfect for you. The amount of money you can borrow is based on the equity you have in your home.
Quaker Oats Credit Union offers closed-end home equity loans. A closed end home equity loan is a one-time loan advance. You can borrow up to 80% of the assessed value of your home, less any outstanding mortgages. These fixed rate loans can be amortized up to 15 years.
Home Equity loans have possible tax benefits. Consult a tax advisor to determine if your home equity loan provides a tax benefit.
For more information on a home equity loan with Quaker Oats Credit Union contact us today!