Home Equity Line of Credit (HELOC)
LINE OF CREDIT FOR YOUR WANTS & NEEDS
Looking for a solution to cover larger expenses in your life? Look no further than our Umbrella Home Equity Line of Credit! At TransWest Credit Union, we offer a HELOC that provides a revolving line of credit similar to a credit card, but with a lower interest rate than traditional loans. This means you can borrow as much or as little as you need, up to your approved credit limit, and only pay interest on the amount you borrow.
With our HELOC, you have the option to lock your line of credit into low, fixed rates and terms. This allows you to lock in a low rate that stays consistent over time. Whether you need to remodel your kitchen, cover unexpected medical expenses, consolidate bills, or establish a line of credit, we have you covered. Unlike other lenders, we allow borrowers to break up their credit line into individual projects and lock in the rate for each project.
Interested in exploring your options? Visit your local TransWest branch today to learn more about our Home Equity Line of Credit!