Not sure how much you need to borrow? That’s okay! With a Home Equity Line of Credit, you can get access to flexible financing that allows you to use as much or as little money as you need and only pay back what you borrow. And since the line of credit is based on your home’s equity, you can enjoy lower interest rates compared to most personal financing options.
Extra low payments
Qualified applicants only have to pay interest during the initial draw period, helping you stay on budget and keep payments as low as possible.
No pre-payment penalties
Finish your remodel early? Don’t worry. We won’t ding you for that. You can repay your HELOC in a way that suits your budget and goals without worrying about pre-payment penalties.
Funds for anything under the sun
Maybe your real dream project is fixing up classic cars, or perhaps you’d rather finish that home project you’ve been putting off. No matter your goal, a HELOC from Zing Credit Union can be used to finance any of life’s adventures.
We received a HELOC for home improvements. It went very smoothly and was completed in a timely manner. Everyone we worked with was very informative and cordial. Awesome to work with. 10 out of 10 stars for me. They are the best.Steve W.
Frequently asked questions
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One business day.
You can borrow up to 85% of the value of the home.
A HELOC works by allowing you to borrow against the equity in your home. Unlike a second mortgage, a HELOC acts similar to a credit card where you can borrow funds as you need them instead of receiving one lump sum of money.
Yes. They may provide you with a list of documents, and then they will give you the contact information to one of our expert mortgage loan officers.
Our experts will answer your questions and help you get the best home equity loan
Getting a home equity loan can be a big decision. Fortunately, our home loan team has decades of experience and they're here for one reason: to help you. They'll answer your questions and help you make the best decisions.
Other Home Equity Solutions
This mortgage is great for taking out a lump sum of cash then paying it back over a term.