Provident Home Equity Loans
and Home Equity Lines of Credit

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Put the equity in your home to work with an equity loan or line of credit from Provident. Your payments on a home equity loan or line of credit may even be tax deductible -- consult your tax advisor. Choose a closed end loan for a single purchase such as a car, or choose a line of credit with an Equity Platinum Visa to have instant access to your equity when you need it most. Click on one of the headings below for details.

Home Equity Loans (2nd Mortgages)

If you like the stability of a predictable monthly payment this option provides a great fixed rate. It can be used for large purchases or debt consolidation with your choice of term options ranging from 5, 10, 15, or 20 years. Borrow up to 75%* combined loan to value (CLTV), with loan amounts up to $100,000.

Rates as low as 3.75% APR

* Certain restrictions apply for CLTVs over 65%. See rates page for details.

Home Equity Lines of Credit (HELOCS)

All Provident Credit Union equity lines of credit include Equity Checks and a Provident Credit Union Equity Platinum Visa card, for very convenient access to your credit anytime, for any purpose.

Prime Plus HELOC

This line of credit features a rate that is 0.75% above the Prime Rate and lets you access up to 75%* combined loan to value (CLTV), with lines up to $100,000.**

Rates as low as 4% APR

Relationship HELOC

If you have other qualifying accounts or products*** at Provident, that relationship turns your Prime Plus HELOC into a Relationship HELOC. Instead of adding 0.75% to the Prime Rate, your loyalty to Provident is rewarded with a rate that is 0.50% above the Prime Rate.**

Rates as low as 3.75% APR

5-Year Fixed Prime Plus HELOC

This loan features a low rate of 1.00% above the Prime Rate, and remains fixed at that rate for the first five years and then adjusts monthly. Access up to 75%* combined loan to value (CLTV), with lines up to $100,000.

Rates as low as 4.25% APR

5-Year Fixed Relationship HELOC

Like the Fixed Prime Plus HELOC, this loan features a low rate, and remains fixed at that rate for the first five years and then adjusts monthly. But, if you have other qualifying accounts or products*** at Provident, you receive a 0.25% rate reduction throughout the life of the loan.

Rates as low as 4% APR

For current rates and other details, see rates. Ceiling is 6% above the initial, fully indexed rate. Minimum line to apply for is $25,000.
* Certain restrictions apply for CLTVs over 65%. See rates page for details.
** This is a Variable Rate Loan: rate and payment will change monthly as the Prime Rate (as published in the Wall Street Journal) changes.
*** Contact us to obtain details on qualifying accounts.

Equity Platinum VISA Card (Included)

This special card offers you unmatched financial power and convenience, and it's the easiest and most practical way to access your home equity line of credit.

You can use your Equity Visa just like you would any Visa card for everyday purchases, vacations, home improvements, an automobile purchase or anything else up to your available credit limit. You can even use it for cash advances or to pay off other high interest debt.

Using your Equity Visa card is much better than calling for advances or using convenience checks. When you use your Equity Visa to access your funds, it will be noted on your statement for easy record keeping. This is especially helpful when determining the amount of capital improvements you put into your home for potential tax saving strategies. And, unlike using a check, you will receive a receipt for purchases you make with your Equity Visa card.

Another form of protection for you would be using the Visa dispute process to help resolve issues where goods or services were not as expected, agreed action was not taken, or merchandise was not received.

Your Provident Credit Union Platinum Equity Visa offers you these additional features:

  • No foreign transaction fees
  • 25-day grace period to repay your balance for new purchases before a finance charge on purchases will be imposed
  • 24-hour access by phone and online, including advances, account information, and transfers to and from other accounts.
  • Cash advances at any financial institution that offers Visa
  • $1 million travel accident insurance***
  • Internet merchant discount program: Visa Discounts
  • Auto rental insurance
  • Travel and emergency assistance
  • ATM locator, medical and legal referral and assistance, emergency ticket replacement, lost luggage assistance, emergency message service, valuable document delivery assistance and prescription assistance
  • Emergency cash disbursement
  • Lost and stolen card reporting/replacement
  • Visa Assistance Center 24 hours a day
  • Added online security with "Verified by Visa"
    Verified by Visa

For more details about your Equity Platinum Visa card benefits, visit Visa.com

*** Some restrictions may apply.

Apply Now!

To receive an equity loan or line of credit application by mail, call (800) 632-4600 and press 321, or e-mail our Real Estate Lending Department

 

(800) 632-4600

More phone numbers on Contacts page

321171731

For electronic payments: More Info

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Better Business Bureau A+ Accredited Business 5-STAR-RATING Equal Housing Lender This credit union is federally insured by the National Credit Union Administration (NCUA).Article: Provident... One of the Strongest Credit Unions in the Country © 2014 Provident Credit Union 
 

Rates As Low As...

3.75% APR

Solar Advantage Loan:

Low APR, possible tax benefits, and no appraisal or equity required!

More Info