U of I Employees Credit Union






Home Equity Line of Credit

Unlock the Value of Your Home

If you are a homeowner in Illinois, a home equity loan may be the very best way to borrow. By using the available equity in your home, you can borrow for home improvements, tuition, vehicles, refinancing high interest debt, or any other purpose. Best of all, interest on these loans may be tax deductible, consult a tax advisor.

Qualified members can borrow up to 100% of the appraised value of your home, minus any existing mortgages. Members borrowing 80% or less, receive our best home equity rates.

If you have multiple home improvements in mind or have other purchases or expenses upcoming, a home equity line of credit is for you. A Home Equity Line of Credit establishes a variable-rate line of credit based on your available equity. Borrow again and again without reapplying for a new loan. Home Equity Lines of Credit are available with credit lines from $10,000 to $150,000. The minimum initial advance amount is $1,000 and subsequent to change monthly. Call or email one of our Mortgage Professionals today! Apply Now!  

 

 Apply today or call Anytime Loan at 800-353-6666.

Contact our Home Equity Loan Officer today at mortgage@uiecu.org.

 
 
 Linda McKinney
 Home Equity Loan Officer

Home Equity - Disclosure Information

All loans subject to credit approval. Rates vary based on individual credit history, loan term, and applicable discounts. Other restrictions may apply.

Related Pages:  [Required Documents]  [Mortgage FAQs]  [Mortgage Professionals] [Disclosure Table]

 
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Mail
PO Box 500
Champaign, IL 61824-0500

UIECU Routing Number
271176899
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