Gardening outside with wheel barrow and shovel

Seed money for your home improvement projects

Whether your plans entail complete renovations or simple additions, a Home Equity Line of Credit (HELOC) from Generations FCU can help you get the money you need for your growing home.

A HELOC is a revolving loan that uses your home as collateral. HELOCs allow you to draw on your funds as needed, giving you freedom and flexibility. Choose the one that's right for you.

Fixed-Rate Home Equity Line of Credit
(Interest-Only)
  • Fixed-rate loan
  • 15-year term
  • Initial draw minimum of $10,000
  • Draw money as you wish and repay up to available line amount for 5 years
  • Interest-only payment for the first 5 years
  • Quick closing in 30 days or less
Fixed-Rate Home Equity Line of Credit
(Principal + Interest Payment)
  • Fixed-rate loan
  • 10 or 15-year terms
  • Initial draw minimum of $10,000 (15-year term) or $16,000 (10-year term)
  • Draw money as you wish and repay up to available line amount for 5 years
  • Quick closing in 30 days or less

 

Get started on that next big project today.

Apply quickly and easily from the comfort of your home with our convenientĀ online application, or give us a call at 210-230-9380.