"What will you use your equity for?"


Home Equity

Use the equity in your home to finance a remodeling project, car, RV, pay off pre-existing bills, take a vacation or finance a child's education.

You can do all this and more when you take advantage of a low-cost Home Equity Loan from Yakima Valley Credit Union! You can choose from a Home Equity Fixed Loan or a Home Equity Line of Credit Loan. Both of which offer:

  • No annual fees;
  • Affordable payments with low interest rates and convenient terms;
  • Easy Payment Plans - Use payroll deduction or direct deposit and have your payment deducted automatically from your check every payday;
  • MEMBER'S CHOICE Borrower Security (Debt Cancellation Product) at low rates;
  • Interest may be tax deductible - check with your tax advisor;
  • No prepayment fees;
  • Set-up fee waived*;
  • Tax assessment may be accepted for determination of value (an appraisal would be at member's expense);
  • No time-consuming account verifications. Just complete an application and present your latest tax assessment record, a copy of your first mortgage statement, and verification of income.

For more information please call 248-1720 (800-347-9222 outside the Yakima calling area), send an e-mail, or visit any Yakima Valley Credit Union location.

*If the loan is reconveyed within two years from the date of the agreement, the set-up fee will be assessed. Some fees may apply. All loans are subject to credit approval. Special terms and conditions may apply. All rates are quoted as Annual Percentage Rate (a.p.r.). Home Equity Line of Credit - Rate based on prime as published in the Wall Street Journal, with a minimum floor. Subject to change quarterly. Variable Rate.

 

MEMBERS Financial Services Your savings federally insured to at least $250,000 and backed by the full faith and credit of the United States Government. Equal Housing Opportunity