Home Equity Loans
Home financing right under your roof, leverage your home’s value with a home equity loan from Middlesex Healthcare Federal Credit Union. Use the equity you’ve built within your home—thanks to those timely mortgage payments—to get affordable financing for a wide range of needs!
Whether you’re looking to consolidate debt, finance a major event or make home improvements, whatever your needs may be, a home equity loan is a valuable cash resource and may improve your income tax liability*. Ask your tax advisor to show you how this potential savings can lower your cost of borrowing.
What is Home Equity?
Home equity is the difference between your home’s market value and the remaining balance on your mortgage. If you own a home and have been making payments on your mortgage for years, then you may have built up a significant amount of equity. With a home equity loan, you can borrow against the value of your home. This could be a good strategy for you if you need to get extra money to pay for a large expense.
Home Equity Loan Benefits
- Great low rates
- Interest may be tax deductible*
- Use funds for any purpose
- Local decision-making
*Consult a tax advisor.
Home is where the heart is. It’s also where most people make their biggest investment. Make sure that you and your family is properly protected against fire, theft and other disasters with a homeowner’s policy from Solstice Insurance Agency. If you’re purchasing a new home or looking to save on your existing policy, just give us a call for a free quote. Consider covering your valuables, too, such as computers and other electronics, jewelry, antiques and artwork. It’s surprisingly affordable and will give you extra peace of mind.
Don't delay, get a quote now to find out how we can give you peace of mind and help you save on this valuable investment.
Or give us a call at 855-832-6336.
Solstice Insurance Agency is an affiliate of Seasons Federal Credit Union, is not an obligation of the credit union, is not guaranteed by SFCU, and not insured by NCUA.