Money to make almost anything possible.
What can you do with a Frontwave Credit Union home equity loan? Whatever your heart desires. Want to put a pool in your backyard? Take the plunge. Travel to Timbuktu? Bon voyage. Send your kid to college in California, Colorado or Connecticut? Smart move. Once you're approved, only your imagination limits how you can spend the money.
*Consult your tax advisor regarding deductibility of interest.
Compare Home Equity Options
|
Home Equity Loans
|
Home Equity Lines of Credit (HELOC)
|
|
|---|---|---|
| You should get this if | You want to make a one-time major purchase such as a home remodel, or as a way to consolidate debt. | You want to cover various expenses that span over an extended period of time such as home repairs or tuition. |
| Key Features | Fixed interest rate | Comes with Visa card and/or checks |
| Annual Fee | $0 | $0 |
| Annual Percentage Rate (APR) | Varies based on term | Rate is WSJ Prime rate plus a margin based on loan parameters, and adjusts monthly with a 12% max cap rate |
|
Home Equity Loans
|
|
|---|---|
| You should get this if | You want to make a one-time major purchase such as a home remodel, or as a way to consolidate debt. |
| Key Features | Fixed interest rate |
| Annual Fee | $0 |
| Annual Percentage Rate (APR) | Varies based on term |
|
Home Equity Lines of Credit (HELOC)
|
|
|---|---|
| You should get this if | You want to cover various expenses that span over an extended period of time such as home repairs or tuition. |
| Key Features | Comes with Visa card and/or checks |
| Annual Fee | $0 |
| Annual Percentage Rate (APR) | Rate is WSJ Prime rate plus a margin based on loan parameters, and adjusts monthly with a 12% max cap rate |