Make sure your home is helping you on your financial path. Turn equity into cash you can use for improvements, repairs, or anything else.
Key Features
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Competitive Rates -
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Local Processing -
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Quick Decisions
- Convert the equity in your home into cash you can use
- Competitive rates for several short-term or one-time needs:
- Education expenses
- Major life events
- Home remodel projects
- Debt consolidation
- And much more
- The existing equity in your home is used as collateral backing
- Accommodating repayment terms that work uniquely for you
- The interest paid might be tax deductible*
- Quick, local decision-making and processing
- Attentive, friendly service from start to finish
- Turn the equity in your home into ongoing, affordable financing
- Competitive rates for several ongoing or seasonal needs:
- Education expenses
- Major life events
- Major home improvements
- Debt consolidation
- Emergency reserve
- And much more
- The existing equity in your home is used as collateral backing
- Accommodating repayment terms that work uniquely for you
- Funds available anytime without reapplying; apply once, then use repeatedly thereafter
- Revolving credit — as principal is repaid, more becomes available for use
- Funds immediately available via online banking, in-person or phone transfers to a specified Trax Credit Union checking account
- The interest paid may be tax deductible*
- Set up automatic payments to be deducted from your account monthly
- Quick, local decision-making and processing
- Attentive, friendly service from start to finish
| HELOC Amount | Rate Type |
| 80% LTV | Variable |
| 80% LTV | Fixed, 5-year term, 2-year draw |
| 80% LTV | Fixed, 10-year term, 2-year draw |
| 100% LTV | Variable |
*Consult a tax advisor.