What are the fees? There are no origination fees for any of our Home Equity Lines of Credit.
When will I have access to my funds? With our Home Equity Loans, you’re as little as 10 14 days after receipt of your application away from the cash you need for home remodeling, paying college tuition, a new car or almost anything you can imagine. How do I access my Home Equity Line of Credit? GSFCU’s Home Equity Line of Credit allows you to access funds anytime with Convenience Checks, Anytime Teller, and CU@U – Internet Branch. You can borrow as often as you like, up to your approved limit. You apply just once. As you pay down the balance, the money becomes available again. Do I have to pay off my Home Equity Line of Credit if I refinance my first mortgage? You can generally keep your Home Equity Loan or Line even if you refinance your first mortgage. A great benefit of all GSFCU Home Equity Loans and Lines is GSFCU can usually will subordinate to another lender. What does that mean?
