Home Loans

Home Equity

Would you like to finally put that addition on your home, replace those old drafty windows, consolidate debt or take a well-deserved vacation? Whatever your goal is we can help. Call one of our member service representatives at LVECU and see if you can put your home’s equity to work for you. Whether you’re looking for a fixed Home Equity Loan or a Home Equity line of Credit, we’re here to help.

Benefits & Features:

  • Great low rates

  • Flexible terms to meet your needs

  • Low $100 government recording fee**

  • Borrow up to 85% of your home’s value***

  • Terms up to 240 months

  • Less stress debt protection

  • Use your home’s equity to maximize your borrowing power'

State National

Need to provide the credit union with insurance coverage?  We’ve made it easier for you.

Just scan the QR code below and upload your current insurance policy declaration page.

State National Insurance QR Code
 
State National Insurance Logo
 
 

Home Equity Line of Credit

A Home Equity Line of Credit (HELOC) allows you to use the equity in your home a little at a time.

  • Great low rates

  • Low $100 government recording fee**

  • Borrow up to 85% of your home’s value***

  • Use your home’s equity to maximize your borrowing power

All Home Loans require an appointment to apply!

 

**Fees & Charges: There is a $100.00 government recording fee due at the time of application. An appraisal may be required at time of application at borrower’s expense and will be required if combined property liens exceed $200,000. Property Insurance: You must carry insurance on the property that secures your home equity loan. Tax Deductible: You should consult a tax advisor regarding the deductibility of interest and charges for the loan.

***Loan Limits: The minimum to borrow is $5,000 and there is no maximum. The amount you borrow depends on the equity in your home. The credit union may lend up to 85% of the value of your home, minus any existing liens. Loans are limited to 1 to 4 family, owner occupied or second homes which are residential properties located in Pennsylvania. If you apply for a home equity loan, we will need proof of your income, debts, and homeowner’s insurance, real estate taxes, and mortgage statement(s). Not all applicants will qualify.