Home Equity Loans Tailored for Your Needs |

Home Equity Loan

Home Equity Loans provide single payment and have a fixed interest. Letting you control your costs for the long-term.

A SCU Home Equity Loan puts you in control

Home Improvement

When you'd like to make renovations to your home

Major Expenses

Manage bills or unexpected expenses

Opportunities

Create possibilities.

We have affordable rates starting as low as 5.250% APR^*, so your monthly payments stay manageable

Our lowest rate is available for up to 5 years. Longer terms are available at low interest rates.

Home Equity Loans provide a single payment

What can I use a home equity loan for?

You can use a home equity loan for a variety of purposes, including home improvements, debt consolidation, education expenses, or other major financial needs. However, it's important to use the funds responsibly. Since a home equity loan is secured by your home, failing to make payments could put your home at risk. Additionally, taking on more debt than necessary can impact your financial health.
How does a home equity loan work?

A home equity loan is secured by your home. Once approved, you receive the funds upfront as a lump sum and repay the loan in fixed monthly payments over a set term, with interest.
What is a home equity loan?

A home equity loan is a type of loan where you borrow against the equity in your home. It allows you to access funds in a lump sum, often at lower interest rates compared to other financing options.
How long does it take to get a HELOC?

The process generally takes about two to six weeks. The exact length varies on the complexity of your application and how quickly you can compile the necessary paperwork.

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