Use the equity in your home to make it your dream home
If you need money for home improvement projects, a home equity loan from First Tech may be a great choice. You’ll get the cash you need to make the updates you want. First Tech makes the process stress-free and you’ll have a home loan expert to guide you through the process. Applying is easy and doesn’t cost you anything.
Why a home equity loan?
- Typically lower interest rates compared to unsecured loans
- Potential for tax incentives if funds are used on your home*
- The ability to borrow relatively large amounts of cash
*Consult with a certified tax professional about your unique situation. Not intended as tax advice.
What types of home equity loans are there?
Line of credit
- Only pay interest on the money you draw
- Ability to lock-in up to three, fixed loans under one line of credit with First Tech
- Access to cash when you need it
Fixed-rate
- Choose your term from 5, 10, 15 or 20 years with First Tech
- A reliable, fixed interest rate and monthly payments
- Great when you know exactly how much money you need
Why First Tech?
- No pre-payment penalties on a home equity loan at First Tech
- First Tech will pay standard closing costs on your behalf
- First Tech is a not-for-profit, member-owned credit union
- First Tech is federally insured by the National Credit Union Administration (NCUA)
- Top 10 largest credit unions in the US based on asset size
Applying is simple
- Apply online in less than 20 minutes
- No cost to apply
- Home Equity Loan Consultants to guide you through the process
- Receive a loan decision in as little as 10 days