- Features
Put past mortgage payments to work! Use the value of your home as collateral backing for a competitive loan from Old West FCU.
Pay for one-time expenses — like a home remodel project — with a home equity loan. Or apply for a home equity line of credit to cover costs as they come up. Whatever your financing needs, our locally based loan professionals are available to help you secure funding at a competitive rate.
- Competitive rates for several short-term or one-time needs:
- Major life events
- Major home remodel projects
- Debt consolidation
- And more!
- The existing equity in your home is used as collateral backing
- Fixed rate financing available
- A wide range of terms customized to your unique situation
- The interest paid might be tax deductible*
- Local Eastern Oregon decision-making and processing
- Attentive, friendly service from start to finish
*Consult your tax advisor.
- Home Equity Line of Credit (HELOC)
Stay prepared for unanticipated future expenses. A home equity line of credit lets you easily access funds up to a pre-approved limit to spend as you see fit.
Unlike with a loan, there's no need to reapply each time you could use a little extra cash. Just draw on the line of credit, then pay it back at a competitive rate. Simple.
- Competitive rates for several ongoing or seasonal needs:
- Major life events
- Major home improvements
- Debt consolidation
- And more!
- The existing equity in your home is used as collateral backing
- A wide range of terms customized to your unique situation
- Funds available anytime without reapplying; apply once, then use repeatedly thereafter
- Revolving credit — as principal is repaid, more becomes available for use
- Funds easily available
- The interest paid might be tax deductible*
- Local Eastern Oregon decision-making and processing
- Attentive, friendly service from start to finish
*Consult your tax advisor.