Home equity lines of credit and home equity fixed loans are popular ways to access additional cash using the equity that you have in your home. You can use the money for anything you need, including home improvements, a vacation, back to school expenses, college education or to consolidate your bills.

Plus, a home equity line of credit offers you low rates and may offer you tax advantages. (Consult with your tax advisor regarding your specific financial situation.)

There are No Closing Costs* to get a home equity line of credit and we now offer you two low payment options:

• Interest only – for the absolute lowest monthly payment, or

• Fully amortizing – to help you reduce your principal balance
  each month

Both options have loan terms of 20 years to allow you to borrow more money with a smaller monthly payment!

Make the most of your money with a home equity line of credit or a home equity fixed-rate loan!

*Scott Credit Union will pay all closing costs on new home equity lines of credit. Offer excludes appraisal fee, if an appraisal is necessary.