Unlock your Home's Potential.

THERE'S SO MUCH HIDDEN THERE.

Home Loans

Home Equity Loan

A Home Equity Loan allows you to borrow against the equity in your home so you don’t have to dip into your savings to cover things like home improvements, renovation projects, education or consolidating debt.

We offer closing cost assistance on loans up to $40,000, flexible payment options and no discount points.

Benefits of Home Equity Loan:

  • Low fixed rate for the life of the loan
  • Terms from 5 to 20 years
  • Not a line of credit
  • Low origination fee
  • Borrow up to 90% of property value*

Home Equity Line of Credit (HELOC)

A Home Equity Line of Credit (HELOC) is a revolving line of credit secure against your home. Instead of loaning a set amount of funds all at once (like a car loan), you simply borrow as you go, up to the credit limit.

Benefits of a HELOC:

  • Borrow up to 90% of property value
  • No fees or closing cost on loans under $40,000
  • Very low variable rates: Rate is based on the one-year Treasury posted in the Wall Street Journal
  • No annual fee
  • Low origination fee
  • Convenient access to funds through Online Banking

Home Improvement Loan

If your home is in need of a little TLC, but you lack the equity in your home, then a “No Equity” Home Improvement Loan could be what you need. With a UFirst Home Improvement Loan, your interest rate is typically lower than a credit card or home improvement store card. Plus, you’ll have set monthly payments and can pay your loan off faster – all while increasing your home’s value.

This loan could cover expenses like:

  • New carpeting or flooring
  • Remodeling projects like a new kitchen, bathroom or deck
  • Installation of a pool
  • Paving of driveway
  • Landscaping
  • All materials, labor or other expenses related to home improvement projects

Benefits of Home Improvement Loan:

  • Fixed rate as low as 6.25%
  • Terms up to 10 years
  • Loan amounts up to $15,000
  • Not a line of credit
  • No closing costs

eLoan

Improving your home’s energy efficiency can help you save money on your utility bills for years to come. UFirst Federal Credit Union is proud to partner with Triangle Electric to offer solar and energy efficient products for your home that will help save you money.

Benefits of an eLoan:

  • Fixed rate as low as 5.99%
  • Terms up to 15 years
  • Loan amounts up to $30,000

 

Go to Top