Your home is more than just a place to live, it’s also probably the biggest investment you’ll ever make. You don’t have to wait until you sell to realize some of the value you already have in your house. A home equity loan allows you to borrow against the equity you’ve already built, and the interest may be tax deductible.*

With no annual fees and no upfront closing costs, a home equity loan is an affordable way to borrow when you need extra cash for home improvements, a major purchase or a special occasion. Find the home equity option that suits
you best:

• Line of credit (HELOC)—with a home equity line of credit, you can access up to 80% of your home’s equity. HELOCs have variable rates and allow you to draw on the loan as you need the cash, rather than receiving the money all at once. GHCU offers two convenient HELOC options:
  1. The Online Access HELOC makes it possible to manage your money easily and safely through online banking.
  2. With the Visa Access HELOC, you can borrow by using your Visa Equity card like you would a credit card, only with a much lower rate of interest. And of course, you get all the benefits of carrying a Visa: worldwide acceptance, no cash advance fees, zero liability lost/stolen card reporting, travel and car rental insurance and much, much more.
     
     
• Fixed rate—fixed rate home equity loans from 5 to 15 years with loan-to-value ratios of up to 80%. Fixed rate home equity loans are good for when you know the cost of the project you have in mind and prefer a single lump-sum payment.

Compare rates on our home equity loan products.


GHCU home equity loan is an affordable way to pay for just about anything.

• Repairs or improvements to your home
• Debt consolidation
• College tuition and expenses
• A perfect wedding and the honeymoon that follows
• That once-in-a-lifetime vacation

Want to learn more? Call us at 206-298-9394 or 800-562-5515, or come in to one of our five branches.

*Remember: the interest on your home equity loan may be tax deductible. Consult your tax advisor. Loans secured by real estate are available only within the state of Washington.