Attention Members: Our Office Hours have temporarily changed in response to COVID-19 concerns. Read more here.
Atención miembros: nuestras horas de oficina han cambiado temporalmente en respuesta a las preocupaciones de COVID-19. Lea más aquí.
The equity you've built in your home is precious and powerful. Cooperative Federal can help you leverage that equity for a variety of borrowing needs, without sacrificing your future security.
Coop Fed offers Home Equity Lines of Credit (HELOCs), which allow you to draw down funds on a revolving basis for up to fifteen years. Monthly payments are based on the amount you owe at a given time, and adjustable interest rates.
We also make closed-end Home Equity Loans. These installment loans have fixed interest rates and flat monthly payments.
You can use a Home Equity Loan or HELOC for practically anything. Popular uses include
Home Equity Loans and HELOCs are secured by a lien on your home. They may have tax benefits; consult your tax advisor for details and guidance.
All Credit Union loan programs, rates, terms and conditions are subject to change at any time without notice. Contact us for current rates, terms and conditions.