Home Equity

Are you a homeowner? Then you may be able to unlock incredible potential with a home equity loan or line of credit. As your home’s equity is the difference between the value of your home and the principal balances of all mortgage loans, you may have thousands – or tens of thousands – of dollars of equity just waiting to be used.

And, when you work with Brokaw Credit Union, you will benefit from local service from experienced lenders who will help you choose the right loan for you!

So, what have you been dreaming about?

• An updated kitchen with granite countertops and new appliances
• An extra bathroom to accommodate your growing family
• A much-needed vacation

Or, maybe right now, it’s more about needs than wants. Home equity loans can also be used for

• Debt consolidation
• Medical costs
• Tuition

Home equity loans and lines of credit have lower rates than personal loans, potential tax deductibility (consult your tax advisor), and fixed rate loan and adjustable rate line of credit options.

Little or no equity in your home? 

Ask us about our Home Improvement Loan.  We offer a fantastic low-rate unsecured loan option (up to $10,000!) for home improvement needs.  Contact our lending team for more details.

Applying is Easy

Ready to see how easy it is to access the equity in your home? Just complete our online application!  Questions?  Stop by our office or contact our loan experts at 715-359-7012.