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What type of home equity loans does the credit union offer?

April 26, 2017Credit Union home equity Loans Offer type

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What type of home equity loans does the credit union offer?

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The credit union offers two types of home equity loans. The first is a Home Equity Line of Credit, also known as HELOC. The second type is a Fixed Rate Home Equity Loan, also known as a Second Mortgage, with repayment terms of 5, 10, or 15 years.