Home Equity Line of Credit

SAFCU Home Equity at a Glance

Second Trust Deed

SAFCU's Home Equity Loan lets you borrow the money you need at a rate lower than most consumer loans including credit cards, personal loans and retail charge cards. In addition, interest paid on a Second Trust Deed may provide valuable tax deductions. Add it all up and our Second Trust Deed is the smart way to borrow.

Borrow up to 80% of the value of your property
Terms of 15 to 20 years
Interest may be tax-deductible
Low fixed rates and payments

Home Equity Line of Credit

SAFCU's Home Equity Line of Credit (HELOC) is the flexible way to access the equity in your home. Once you are approved, you can draw from a revolving line of credit. You only pay interest on the money you draw. As you pay it back, it becomes available again to borrow when you need a low-rate loan. Similar to our Second Trust Deed, interest paid on a HELOC may provide valuable tax deductions.