Use the Equity in Your Home
With low rates, ease of use and growing home values, use your home’s equity for improvements or pay off higher interest debt. From now until April 30th you can also take advantage of our special promotion and get 2.99% APR+ for the first 6 months!
Borrow up to 90% of your home’s equity. There’s no application fee or closing costs++ and accessing your line of credit is easy with our HELOC credit card.
With these low rates, you unlock endless possibilities! Consolidate your debt, invest in home improvements, or pay for college. Apply today!
• Home repairs
• Debt consolidation
• Finish the basement
• Remodel kitchen/bathroom
• Pay for college
• Go on vacation
• Vehicle purchase
CHOOSE A CATEGORY
A Home Equity Line of Credit (HELOC) is a loan set up as a line of credit for a maximum draw, rather than using a fixed dollar amount like a mortgage. East Idaho Credit Union wants to help you get your next HELOC right here in East Idaho, because you need someone local you can trust.
Single Family (1-4 family)
Must Be Located in Idaho
*Manufactured Homes Ineligible
|Terms||Up to 25 Years
Draw Period up to 10 Years w/ Interest Only Payments
Repayment Period up to 15 Years w/ Principal &
Interest Payments Re-amoritized
|Loan to Value||Up to 90% of Home Value|
|Loan Amounts||Minimum of $5,000
Maximum of $250,000
|Fees||No Application Fee
No Closing Costs*
|Advance Limits||No Minimum Advance During Draw Duration Period
No Initial Advance Required
|Credit Advances||Electronically, In Person, Over the Phone, HELOC Credit Card (Coming Soon!)|
FEATURES & BENEFITS
Our variable Home Equity Line of Credit (HELOC) rates are determined off Wall Street Prime Plus Margin**.
Rates as Low as
If you find yourself asking questions, feel free to reach out to us directly. We are here to help you every step of the way. Whether you want to stop by one of our local branches or give us a call, we’ll make sure your HELOC is as easy as possible!