Tools
Home Equity Products
(Owner occupied homes only)
Use the equity in your home to pay for anything you need: consolidate debt; pay for school; remodel your house; whatever. We have many options to make payments more affordable with a Jeanne D'Arc Credit Union Home Equity Line of Credit (HELOC) or fixed rate loan (HELoan). Shop around and you'll see that Jeanne D'Arc Credit Union offers more value - every day.
See also: Mortgage Loans
HELOC (Home Equity Line of Credit) Features
- Open end line of credit
- No application fees, no annual fees, no closing costs, no points and no pre-payment penalties*
- Borrow up to $250,000
- Borrow up to 80% of your home's current value less any debt secured by your home
- Up to five (5) fixed rate loans under your one (1) Equity Line
- Check writing capability
- Interest in most cases is tax deductible. Consult your tax advisor for details.
*Early closeout fee may apply.
HELoan (Home Equity Loan) Features
- Fixed rate loans from three (3) to twenty (20) years
- No application fees, no annual fees, no closing costs, no points and no pre-payment penalties
- Borrow up to $250,000
- Borrow up to 90% of your home's current value less any debt secured by your home
- Interest in most cases is tax deductible. Consult your tax advisor for details.
Application Checklist
- Copy of current pay stubs from two (2) consecutive pay periods
- Copy of most recent W-2's
- Copy of Mortgage Statement
- Copy of Real Estate Tax Bill
- Copy of Property Deed
- Copy of Home Owners Insurance Policy
