Mortgage Loans
Whether you're buying your first home, moving into your next one, or refinancing the home you already love, we're here to help. EPBECU has partnered with 7 Mortgage to provide our members with a variety of home financing options, competitive rates, and experienced guidance throughout the Mortgage process. From purchasing a home to refinancing an existing Mortgage, you'll have access to Mortgage professionals who can help you understand your options and find the financing that fits your needs.
Ready to get started? Visit our Mortgage Center to explore your options, check current rates, or begin your application.
Home Equity Line of Credit (HELOC)
Put the equity in your home to work for you. Your home may be one of your biggest financial assets. An EPBECU Home Equity Line of Credit, often called a HELOC, lets you borrow against the available equity in your home when you need it. Unlike a traditional loan where you receive the entire amount at once, a HELOC gives you access to an approved line of credit. You can borrow what you need when you need it, subject to the terms of your account.
What Can You Use a HELOC For?
A HELOC can provide flexibility for many of life's planned and sometimes unplanned expenses, including:
Home improvements and repairs
Debt consolidation
Major purchases
Unexpected expenses
Education expenses
Weddings and other special events
Travel
How Does a HELOC Work?
HELOC works somewhat like a credit card, but your available credit is based in part on the equity in your home, and your home serves as collateral. EPBECU offers competitive rates and flexible repayment options to qualified members
Wondering how much equity you may be able to use? Give us a call or stop by EPBECU, and we'll be happy to talk about your options.