Home Equity Line of Credit (HELOC)
Regardless of how you utilize it, an OECU Home Equity Line Of Credit is a smart way to borrow!
- Consolidate existing debt
- Pay for college tuition
- Remodel or make needed repairs to your home
- Take the vacation you’ve always wanted
- Offers you the flexibility to advance and pay down your loan as often as needed, while maintaining easy access to the remaining limit
- Can stay open for advances up to five years, allowing you the peace of mind to know the money is there if you need it
- Low closing costs
- Borrow up to 80% of your home’s equity
- Quick turn-around
- Low monthly payments and flexible terms
- Interest could be tax deductible (consult your tax advisor)
To see a list of our loan officers and their Mortgage Loan Originator (MLO) Numbers, click here.