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Rates

Unlike a loan, a line of credit is readily available — you apply for the line once, then draw on it as you need it.

Key Features

  • Competitive Rates
  • Flexible Terms
  • Local Decisions

Are you currently a member of Rocky Mountain Law Enforcement Federal Credit Union?

  • Use your equity for things such as:
    • Major life events
    • Home remodel projects
    • Debt consolidation
    • And more!
  • Rate based on loan-to-value ratio (LTV)
  • Funds available anytime for the first 10 years
    • 15 year repayment after the initial 10 year period is up
  • Revolving credit — as principal is repaid, more becomes available for use
  • Transfer funds to your checking account for easy spending
  • The interest paid may be tax deductible*
  • Pay interest on only the amount you use
  • Easy application process

What is a HELOC?

Want to know how much equity you have available?

Ideal for members:

  • With fluctuating income
  • Who plan on selling their home after renovations
  • Who need a large sum of cash for an investment
  • Who need to minimize monthly payments
  • Making a down payment on a second home before selling their first

Are you currently a member of Rocky Mountain Law Enforcement Federal Credit Union?

*Consult a tax advisor.