A Home Equity Line of Credit (HELOC) with Telcom Credit Union, is the easiest and most convenient way to simplify your finances. A home equity line of credit allows you to draw from a reusable source of funds over a specified period of time without the burden of having to go through the application process again.
What you decide to do with your line of credit is up to you. You might finally take that dream vacation, finance an education, or just pay off other bills and cut your payment in half.
Telcom HELOCs feature:
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Minimum line $5,000, maximum line $150,000 
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No closing costs
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No annual fee
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Interest may be tax deductible (please consult your tax adviser)
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Priced at the Wall Street Journal Prime Rate
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Interest rate based on credit score
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Open-ended line-of-credit
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15 year draw period
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Can go up to 95% LTV. Some restrictions may apply. Loans over 80% LTV may require private mortgage insurance
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Make advances at any branch, through Online Banking, Telephone Banking, with convenience checks, or with a Telcom Premium Visa card.
For more information, please visit or call a Telcom Real Estate Specialist at any Telcom branch, or click here to apply now.
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