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Home Equity Loan |
Home Equity Line of Credit |
|---|---|---|
| Perfect for you if: | You want all funds as a lump sum, up front. | You want access to a credit line you can tap into over time. |
| Rates as low as: | 6.991% APR1 up to 60 months (other term options available) |
5.99% Intro APR for 6 months and then converts to a variable rate as low as 8.25% APR.2 |
| Annual fee | None | None |
| Application fee | None | None |
| Pre-payment penalties | None | None |
| Adjustable-rate | No | Yes |
| Fixed monthly payments | Yes | No |
| Free access to your FICO® Score | Yes | Yes |
| Interest payments may be tax-deductible3 | Yes | Yes |
Home equity
Need one more really good reason to love your home? It can help you qualify for a low-cost loan that can be used for nearly any project, purchase or purpose.
Money that makes it easy
to get things done
-
Choose a lump sum loan or a credit line
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Avoid application fees and closing costs
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Access your FICO® Score for free in Online Banking or our mobile app
Whether you want to remodel your kitchen, take a vacation, or pay off medical bills, use the equity you have built in your home to fund it. To get a competitive rate, just let us know if you want a lump-sum loan or long-term access to a low-cost credit line.
Access to your account on any device
Manage your home equity loan or line of credit from any desktop computer, mobile device, or tablet. The GECU mobile app lets you take care of all your needs with a quick tap, and Online Banking4 is available anytime when you log in at: gecreditunion.org. Need help? Send us a secure message or start a chat online or in our mobile app.
- Make one-time or automatic payments from another financial institution.
- Transfer money between accounts for easy access to your line of credit.
- Set up payment alerts and reminders.
- View your accounts, loans, and investments in one place, set up debt payoff plans, track goals, and plan for the future with our Money Management tool.
Get started
- Request information
- Apply online
- Schedule an appointment
- Call to apply: 513.243.4328 or 800.542.7093
- Stop by a GECU location
General Electric Credit Union is a full-service financial institution headquartered in Cincinnati with branches in Ohio and Kentucky.
Helpful Resources
Money Minutes Blog
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Homeownership provides several financial benefits and opportunities, one being the ability to tap into your home’s equity.
Checking you can rely on
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