We have both fixed and variable rate loan programs, at rates beginning below Prime, and for varying terms. Home equity loans are also available for mobile homes and condominiums. The interest you pay may be tax-deductible, but consult your tax advisor as to your specific circumstances. With a Fixed-rate home equity loan from Horizon Credit Union you lock in your rate for the entire term of the loan. Borrow up to the full value of your home for up to 15 years.
Closing costs are, generally, minimal and can often even be financed.
Call a Horizon Credit Union loan officer for specific terms and additional disclosures. If a home equity line of credit is more to your liking, you'll REAP the maximum benefit by establishing a home equity line through Horizon Credit Union. Once your pre-approved credit limit is established, taking an advance is as easy as writing a check.