Future Ready Now: Home Equity Line of Credit (HELOC)
NET has many features that bring us into the future of banking. There is no need to worry about being stuck in the past when the future of banking is available with NET.
Take advantage of the equity you’ve built in your home to tackle that next big home remodel project or make quarterly tuition payments. A NET home equity line of credit is an open line of credit that can be used and paid down on an ongoing basis. It’s a flexible solution to meeting your changing needs over time and can be used to finance just about anything. A home equity line of credit is also great to have in case of an emergency. It’s the ideal solution when you need money staggered over a period of time, such as paying ongoing wedding expenses or financing an extensive home renovation project that may take a couple of years to complete. A HELOC enables you to borrow the specific amount of money you need when you need it.
Benefits of NET’s HELOC:
- Competitively low, variable or fixed interest rates.
- Borrow up to 80% of your home’s appraised value.
- Ideal for managing ongoing expenses, such as home improvement projects, tuition costs, debt consolidation, medical bills and life events including wedding expenses, vacations and much more.
- Flexibility of revolving line of credit enables you to use only the money you need, when you need it.
- Flexible terms.
- No prepayment penalties.
- No closing costs and no appraisal fee**.
- Interest paid may be tax deductible depending on the use of the funds. (Consult your tax advisor.)
- Take advance from Digital Banking.
- Credit Cards are available to withdraw directly from your loan. – Request Credit Card
- Checks are available to withdraw funds. – Request Checks
Apply for a HELOC here.
- Call or Text 570-961-5300
- Website Chat
- Digital Banking Direct Message
- Visit https://netcreditunion.com/contact-net/
Recent Comments