Home Equity Line of Credit at cenla federal credit union in Pineville and Alexandria, LA

Are you planning to make big renovations to your home? Using your hard-earned savings for major expenses doesn’t always make sense – especially with interest rates at all-time low. A better solution for most homeowners is a Home Equity Line of Credit (HELOC)– a smart ways to use the equity in your home to get the cash you need. Use the money for remodeling projects, home repairs, a major purchase, emergencies, or to pay off higher-rate debt. 

Home Equity Line of Credit

If you think your borrowing needs will vary over time, a Home Equity Line of Credit (HELOC) is a good choice.  It’s flexible and can be customized to fit your budget and lifestyle. Simply establish your account today and use the funds as you need them.

• Borrow up to $350,000 for any personal reason
• First and Second Mortgages
• Low Fixed Rate until you borrow again
• Potential tax benefits
• Low origination fees 
• Tax-deductible interest for most homeowners
• Low minimum monthly payments