Home Equity & Lines of Credit

Home Equity & Home Equity Lines of Credit (HELOC)

Let the value of your home be your solution

Would you like to make major improvements, renovations or consolidate debt? You can borrow up to 90% of your home's value, less your remaining mortgage balance. 

Know Your Options

Illinois Community Credit Union offers different equity products to suit your needs. Contact one of our lenders to custom fit the right home equity loan for your situation. 

Home Equity Loan

Home equity loans can be used for many reasons, including making home improvements, debt consolidation, paying college tuition or medical expenses just to name a few. This is an installment loan with a low fixed rate.

  • Borrow up to 90% of your home’s equity
  • Great low rates
  • Up to 20 year financing
  • Low closing costs
  • Debt protection available

Apply Now   View Rates

Home Equity Line of Credit (HELOC)

A Home Equity Line of Credit, or HELOC, lets you borrow from your home as a line of credit. You can borrow only what you need, when you need it, and you only pay interest on the amount borrowed, not on the credit limit. 

  • Borrow up to 80% of your home’s equity
  • Great low rates
  • Low monthly payments
  • Draw up to 5 years
  • Low closing costs
  • Debt protection available

Apply Now   View Rates

Illinois Community Credit Union has options to leverage your home's value to upgrade your home, pay for college or any other large expenses. We can provide the service, support and solutions you have come to expect so you can achieve your financial goals.


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