Home Remodeling Loan Programs

Signature/Personal Loans

If the purpose of the loan is home remodeling, you can borrow up to $15,000 on your signature alone.

Secured/Collateralized Loans

If you own a vehicle, you can borrow up to its loan value and use the proceeds for remodeling or home improvements. The interest rate (APR) on a secured loan is usually lower than the rate for a personal loan.

Home Equity Loans

There are two Home Equity loan programs available: short-term and long-term. Neither loan requires an annual fee and the Credit Union pays all closing costs. The minimum amount to borrow is $10,000.

• The short-term fixed-rate home equity loan has the same APR as our auto loans.
• The longer-term home equity line of credit (HELOC) is 0.50% (1/2 point) under the current prime rate. It is adjusted only twice per year, if necessary, and not immediately after the prime rate changes. Many other outside programs adjust rates every month.