Tap into Your Home’s Equity

A Home Equity Loan or Line of Credit from the Library of Congress FCU could give you the money to pay for almost anything you need by leveraging the equity in your home.

Exercise Your Options with a Home Equity Loan

A Library of Congress FCU Home Equity Loan can give you an affordable option to pay for anything from home improvements, higher education, debt consolidation to any other needs you may have.

Borrow up to 90% of your home’s value minus what you still owe and use the money for almost anything you like with fixed monthly payments.

• No points or application fee
• Fixed rates with terms up to 15 years
• Borrow up to 90% of the appraised value less your mortgage
• No prepayment penalties
• Credit life and credit disability insurance available

Start your application now and get the money you need.

Find Peace of Mind with a Home Equity Line of Credit

In today’s world, it’s nice to have a line of credit handy anytime. Our Home Equity Line of Credit (HELOC) allows you to use as much of the equity in your home as you want anytime you need it.

Choose from three types of HELOC plans for properties in many states and start accessing the equity in your home whenever you need it.

• No closing costs and below-market closing and processing fees
• Interest-only payment options for up to 10 years and no balloon payment
• 10-year draw period with up to 15-year repayment period at expiration of draw
• Variable rate tied to the prime rate and no prepayment penalties
• Interest may be tax-deductible

Choose the HELOC option that works best for you.

• Finance up to 80% of value for limits exceeding $100,000
• Finance up to 90% of value for limits up to $100,000
• Want to finance 100%? We can do that when the value does not exceed $50,000

Apply now for your Home Equity Line of Credit.

WIRE FUNDING FRAUD ADVISORY: If you have an escrow or closing transaction with us and you receive an email containing Wire Transfer Instructions, DO NOT RESPOND TO THE EMAIL. Call your LCFCU escrow officer/closer immediately at the credit union, using known contact information and NOT information provided in the email, to verify it is real before sending any funds or information.

Featured Products and Services

Let’s Do the Math

*APR=Annual Percentage Rate. All rates subject to change without notice. Other restrictions may apply, contact us for details. Members can have up to $750,000 total balance in combined real estate loans, including first and second trusts and home equity loans.