Home Equity

Are you a homeowner? Then you may be able to unlock incredible potential with a home equity loan or line of credit. As your home’s equity is the difference between the value of your home and the principal balances of all mortgage loans, you may have thousands – or tens of thousands – of dollars of equity just waiting to be used.

And, when you work with Brokaw Credit Union, you will benefit from local service from experienced lenders who will help you choose the right loan for you.

Plus, we can lend up to 100% of the value of your property!

So, what have you been dreaming about?

• An updated kitchen with granite countertops and new appliances
• An extra bathroom to accommodate your growing family
• A much-needed vacation

Or, maybe right now, it’s more about needs than wants. Home equity loans can also be used for:

• Debt consolidation
• Medical costs
• Tuition

Home equity loans (fixed rate) and lines of credit (adjustable rate) have lower rates than personal loans and potential tax deductibility (consult your tax advisor). 

And, with BCU, payment protection options protect your loan in the event of unemployment, unexpected hospitalization, disability or loss of life.