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Home Equity Line Of Credit | Wright-Patt Credit Union

Borrow up to 100% — an affordable way to remodel, consolidate debt, and more.

Home Equity Line of Credit

Have peace of mind knowing you have a financial safety net in place or secure a line of credit for your remodeling project when you’re not sure how much money you’ll need. A Home Equity Line of Credit provides the convenience of ready-access to cash.

Don’t use it…don’t pay for it! The funds are there just in case and you still enjoy these benefits:

  • Borrow up to 100% of your equity.*
  • Use of funds at variable rates over 15 years, with a 10 year repayment period
  • Access your loan via checks
  • Interest-only payments during your draw period
  • Minimum credit limit of $10,000, maximum limit of $150,000**
  • Tax deductible interest***

*Property insurance is required.

**Credit limit will be determined based on your credit history.

*** Consult a tax advisor regarding the deductibility of interest.