SMCU's Home Equity Loans Make It Quick and Easy to Save Money
Whether you are looking to borrow for home improvements or want to consolidate other debts into one payment to save money, SMCU's home equity loans and home equity lines of credit (HELOCs) are some of the best in Seattle.
Borrow up to 90% of the value of your home (minus any other amounts you owe on your home) with terms up to 15 years. You may also be able to deduct your home-equity interest payments(consult your tax advisor for details).
SMCU's home equity rates can save you hundreds of dollars a year versus loans at other lenders. Our easy online application process means that you can have an answer fast, so you can get to work on adding your new deck or consolidating all of your outstanding credit card debt into one low monthly payment.
SMCU has a number of different options in our home equity program, including:
If you’ve been putting off major projects or repairs because of high loan rates or low equity, now is the time to get started. Spring and summer are perfect seasons for home projects, and SMCU is offering a 1% rebate on your loan1. Apply for a Seattle Metropolitan Home Equity Loan between May 23, 2016 and August 31, 2016, and we’ll deposit 1% of your loan amount, up to $500, into your SMCU savings account.
Even if your home is perfect the way it is, an SMCU home equity loan could still be great for you, especially if you are dealing with high credit card balances, student loans, or other debt. By consolidating your other bills into a home equity loan, you could slash your total monthly payments. The rebate is also available for refinances.