Loans

Home Equity When You Need It with a HELOC

Did you know you can access the equity in your home without selling it? You can tap into those funds with a Home Equity Line of Credit (HELOC). Unlike other HELOCS, we offer borrowers a fixed interest rate for the life of the credit line.

GFCU borrowers enjoy flexible HELOC options, such as:

  • Interest-only payments for the first 5 years
  • Repayment terms up to 15 years
  • Initial minimum draws of $10,000

Your home’s value can unlock financial options you didn’t know you had. Contact a Home Loan Specialist who can walk you through our easy application and quick closing process for your Home Equity Line of Credit.

Speak with a Home Loan Specialist at 210-230-9380.

A Home Equity Loan Gives You Financial Options

Use the equity in your home to qualify for a low, fixed interest rate loan that can be used to consolidate high-interest rate credit cards, pay off medical bills, make home improvements or meet other financial goals.

A Home Equity Loan makes major purchases affordable with:

  • Predictable payments that won’t shock your budget
  • Flexible repayment terms from 5 to 15 years based on loan amount
  • Loan amounts that match your financial goals. There’s no need to secure a loan for more money than you need. Minimum loan amounts start at $20,000. Need more than the minimum? Maximum loan amounts can be granted up to 80% of the fair market value of your home.

Speak with a Home Loan Specialist at 210-230-9380.