Home Equity Loan

Whether you’re working on home improvements, consolidating debt or paying for your children’s tuition a Home Equity Loan is the perfect solution. Hidden River Credit Union has the ideal rates and service that will help you every step of the way when you are looking for a Home Equity Loan that best fits your needs. Home Equity Loans are available on owner-occupied homes.

HRCU’s lending staff is available to answer your questions about current rates and terms, to take your application and to find out what your payment would be for the amount of money you need. Staff can compare payment schedules, both for each period and over the life of the loan, all at different rates and terms.

HRCU offers all of the following features on Home Equity Loans:

  • No application fee.
  • No credit report fee.
  • Low appraisal fee.
  • Available borrowing amount is 80% of the appraised value less the current outstanding balance on the first mortgage.
  • Extended re-payment terms up to 15 years.
  • Availability to purchase Smart Choice Loan Protection Insurance including life, disability and unemployment.
  • Competitive local interest rates.
  • Flexible loan terms.
  • Convenience of direct deposit, payroll deduction and automatic transfer.

Please call or stop in TODAY to speak with a lending representative to find out how a Home Equity Loan can help you!