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:
A home equity loan might be just what you need. Talk to an OFCU Mortgage Expert today.
Membership and credit requirements apply. OFCU is an Equal Housing Lender.
A home equity loan will typically take about 30 days to process, depending on the appraiser's schedule.
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Billing Rights for all Open-Ended Loans disclosure.
Home Equity Early Disclosure
What You Should Know About a Home Equity Line of Credit
Equal Housing Lender