Loans and Lines of Credit
Put Your Home to Work For You
A Wescom Home Equity Loan or Home Equity Line of Credit allows you to borrow against your home's equity. Plus, interest on a Home Equity Line or Loan is generally tax-deductible (consult your tax advisor). Use the cash for home improvements, tuition, or other major purchases; or use the money to pay off higher-interest debts and save hundreds of dollars per year.
Now Offering HELOCs on Different Types of Properties
We've made it easier than ever to get a HELOC on your property. Non-owner occupied, vacation, and second home properties can now qualify for a Wescom HELOC (the 1.99% APR 6-month introductory rate is only available on owner occupied properties).
†Loan amounts up to $500,000 available at reduced loan-to-value on primary residence only.
To qualify for the 1.99% APR introductory rate, you must not have had a Wescom HELOC or Home Equity Loan within the last six months. The introductory rate is only available for primary residences.
Certain fees, conditions and restrictions may apply. Home Equity Lines of Credit and Home Equity Loans are secured by your home. If you're paying off an existing real estate loan, the Credit Union does not cover costs imposed by other lenders, if any. Rates and terms subject to change without notice. Loan approval subject to credit evaluation.
$75 annual fee on our Equity Line is waived the first year. An Equity Line of Credit is secured by your Primary Residence, Second Home, or Non-owner Occupied real estate property. Call for more details.