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Neighbors FCU



Home Equity Line of Credit
Neighbors offers fixed rate, second mortgage loans and variable rate, line of equity loans. The rates on these loans are lower than most credit card or consumer loan rates. Features include:
  • No Application Fee
  • Possible Tax Deductible interest payments (contact your tax advisor)
  • Terms up to 120 months *
  • Loans up to 90% of the value of your home Terms may differ based upon credit performance history *
  • Minimal cost involved
  • Proceeds may be used for a variety of needs including: Home Improvements, School Tuition, Purchasing a new automobile, Adding a swimming pool, Debt consolidation, and much more

Additional documentation may be needed before loan closing. This documentation may include:

  • two years tax returns
  • Last statement from all of your financial institutions
  • Last two check stubs
  • Legal description of the property
  • Last statement from your first mortgage company
 
 

 
For more information or to take advantage of our great rates, contact us or visit one of our convenient locations.