Home Equity Loan
Home Equity Loan
When you need financing for a known expense like a new roof or debt consolidation, a Home Equity Loan offers a fixed rate and a steady monthly payment.
- Borrow up to 85% of the equity in your home (less than the existing balance on any mortgage loan).
- Financing is available up to 15 years
To apply, download the application and return it with the supporting documents listed on the cover page.
*View our Home Equity Loan Disclosures.
Get Help Getting by with a Home Equity Loan with Affordable Payments
At One Credit Union of New York, we get it. Life can come at you fast. Debt can pile up before you know it. Big, unexpected expenses can cause stress, and tough questions about how you’ll be able to afford it all. A One Credit Union of New York home equity loan can help.
A Home Equity Loan is a Great Way to Make Debt More Manageable
Many people use a home equity loan to consolidate debt. If you have multiple credit cards or loans that you’re trying to pay off, a home equity loan can make your debts more manageable. With a home equity loan, instead of having to make payments on all of your different credit cards or loans, you can start to pay off your debt with one, simple, manageable loan payment.
If a home equity loan sounds like a good option to consolidate your debt…
When You’re Blindsided By Big Bills, a Home Equity Loan Can Help
For many, a big, unexpected expense can cause a lot of stress. There is a better way. A home equity loan can make large, unexpected bills easier to pay off.
A home equity loan is a great option for:
- Costly car repairs,
- Medical bills,
- and more
To see how a home equity loan can help make big, unexpected expenses more manageable…
With a Home Equity Loan, Use the Value of Your Home Toward Home Improvement Projects
Many people use a home equity loan to finance home improvements or home renovations. Whether paying for a repair that’s long overdue, or renovating your home to build that thing you’ve always wanted, a home equity loan is a great option for making it possible.
From adding a deck, pool, patio, remodeling parts of your home or anything you can imagine, a home equity loan could make it affordable.
Your living space should be just that — your living space. Embrace the comforts you’ve always wanted in your home with an affordable home equity loan.
Use up to 100% of Your Equity with our Mini-Equity Loan
Tap in to the Value of Your Home When You Need It with a Home Equity Line of Credit (HELOC)
In addition to a home equity loan, One Credit Union of New York offers a home equity line of credit (HELOC). Get the financial flexibility that your lifestyle requires with a home equity line of credit.
A home equity line of credit provides you with access to funds from a revolving line of credit that is backed by the value of your home.