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Ledge Light Federal Credit Union

Home Equity Loans

Our home equity loans and home equity lines of credit can be a smart way to consolidate your bills, make home improvements, or invest in education. 

 Home Equity Options

Use a home equity loan to:

  • Pay for educational expenses
  • Remodel your home
  • Pay for major purchases such as a boat, car, second home, or vacation
  • Pay for unexpected medical expenses
  • Consolidate debts into a lower interest rate loan.

Member only advantages:

  • Borrow up to 80% of your home's equity
  • No prepayment penalty
  • Automatic payment options
  • Interest is usually tax deductible* *(check with your tax advisor) 

Fixed Rate Home Equity Loan

A smart choice for those who want a one-time payout with predictable fixed payments:

  • Loans starting at $5,000
  • 5, 10, 15 and 20-year terms available 
  • Fixed monthly payments for the life of the loan
  • Up to 100% Loan-to-Value; $250,000 maximum

  Learn More

  Apply Online  Current Rates


Home Equity Line of Credit

A smart choice for those who need ongoing access to funds:

  • Variable interest rate
  • Revolving line-of-credit
  • Draw money as you need it
  • 5-year draw period
  • Up to 100% Loan-to-Value; $250,000 maximum

  Current Rate

 

To apply online, choose the option below that best describes your loan history with Ledge Light.

1. If you are currently a member and have had a loan with us in the past.

  Click Here

2. If you are currently a member and have never applied for a loan with us.

  Click Here

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