CLOSED END HOME EQUITY

Your Home’s Biggest Secret? The Cash Hiding In Its Walls. Use Your Home’s Equity To Finance All Kinds Of Needs.

Details

• Competitive rates for several short-term or one-time needs:
  • Major life events
  • Debt consolidation
  • Refinancing a first mortgage
  • And much more
• The existing equity in your home is used as collateral backing
• The interest paid might be tax deductible¹
• Minimum loan amount of $10,000
• 5-year, 7-year, 10-year, and 15-year terms available
• Quick, local decision-making and processing in Central Pennsylvania
• Attentive, friendly service from people in your community

Home Equity Lines of Credit (HELOC)

• Competitive rates for several ongoing or seasonal needs:
  • Major life events
  • Home remodel projects
  • Medical expenses
  • Education expenses
  • And much more!
• The existing equity in your home is used as collateral backing
• Borrow up to 80% of the equity in your home
• Funds available anytime without reapplying; apply once, then use repeatedly thereafter
• Draw against your line of credit for up to 15 years
• Funds easily available via in-person or phone transfers to a specified Timberland FCU checking account
• The interest paid might be tax deductible¹
• Quick, local decision-making and processing in Central Pennsylvania
• Attentive, friendly service from people in your community