Home Equity Loan
Home Equity Loans are designed for the member to access funds from the home's value over the debt owed on the mortgage. There are several reasons a member would apply for this type of mortgage:
- Major repairs
- Cash for personal needs.
A home equity loan might be just what you need. Talk to an OFCU Mortgage Expert today to apply or for further questions.
Membership and credit requirements apply. OFCU is an Equal Housing Lender.
Depending on the appraiser's schedule, a home equity loan typically takes 30 days to process.
Billing Rights for all Open-Ended Loans disclosure.
Home Equity Early Disclosure
What You Should Know About a Home Equity Line of Credit