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At Columbia Credit Union, we realize our members have dreams and desires that extend beyond the traditional
kitchen and bathroom remodel, and our low-interest home equity line of credit or loan options are just the ticket to help you finance them.
Getting you money is our business. What you do with it is yours!
- Low annual fee or no-annual fee option
- No-closing cost option
- Borrow up to 100 percent of equity
- The interest you pay may be tax deductible
- Easy online application
- Approval decisions within one business day
- Instant online access to lines of credit
» Apply Online
» Rates & Terms
» Calculate Payments
Home Equity Lines of Credit
A Home Equity Line of Credit (HELOC) can be used for an unlimited variety of purposes. It is great
for remodeling,
travel, education or bill consolidation.
Low payment options are available, including interest-only payments. Columbia offers
24/ 7 access to funds via checks, personal online banking and our automated phone service.
Home Equity Fixed Loan
This type of loan is great for projects when you know
exactly how much money you need. You will receive funds in one lump sum,
and enjoy the comfort of knowing your rate will remain the same throughout
your loan. Terms up to 15 years are available.
Combination Line/Loan
Get the best of both worlds by mixing a home equity line of credit and fixed loan. You'll benefit from the flexibility of a line, while also enjoying rate stability on the fixed portion. This is a great choice for those who have a large, up-front expenditure as well as ongoing expenses.
5/30 Home Equity Loan
This desirable loan provides rate security and super low payments. That's because the rate is fixed for five years before adjusting and the payments are amortized for 30 years. Like a home equity fixed loan, borrowers receive a fixed loan amount.
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