Home Equity Loans
If you’re in need of cash for a major expense, a home equity loan from Affinity could be the solution. Home equity loans are the perfect way to finance home improvements, debt consolidation, a dream vacation, a new car, education or just about anything you like! Plus, your interest may be tax deductible.*
How do Home Equity Loans Work?
Both home equity loans and lines of credit allow you to borrow money using your home’s equity, the difference between what you owe on your home and what your home is worth, as collateral. A home equity loan is a one-time loan that is paid over a set period of time.
An Affinity team member can help you determine if a home equity loan is the right financial move for you.
Home Equity Line of Credit
You also have the option of using the equity in your home for a line of credit. The term is open-ended, so when you pay down your balance, the funds are available to use again without additional paperwork. We understand there’s no one-size-fits-all solution when it comes to our members’ financial needs, which is why we’re committed to providing customized solutions for each individual.
Convenient Home Equity Loans Made for You
At Affinity, you can apply for home equity loans online at any time. Are you ready to learn more?
Apply for a Home Equity loan today!
*Please consult your tax advisor regarding the deductibility of interest.