Build up your home. Or your future.
For many homeowners, the equity in their home remains the lowest cost way to fund some big expenses in life, from making home improvements to consolidating high cost debt to paying for college—and more!
Fix the house. Then fix the rate.
With our new Equity Options Line of Credit, you may draw on your variable rate line of credit whenever you need, or lock in part (or all) of the outstanding balance at a fixed rate and term. For example, lock into a fixed rate on your completed kitchen remodel while using the line of credit for tuition payments. As you pay balances down, the funds become available to borrow again.
The low-cost way to borrow.
There are no set-up costs,* no annual fee, and no fee to lock a portion of the loan. Financing of up to 100% loan to value is available.
*Trailhead will pay standard set up costs up to $400 including a desktop appraisal (for primary residences only). If the line is closed within 3 years, the member will be required to reimburse those costs at the time of closing. If a full appraisal or other non-standard costs are necessary, borrower will be responsible for those charges. See credit union for complete details.