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.
Prime Plus HELOC
This line of credit features a rate that is 0.75% above the Prime Rate and lets you access up to your credit limit, with lines up to $200000.**
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 only 0.5% above the Prime Rate.**
5-Year Fixed Prime Plus HELOC
This loan features a low fixed rate for the first five years and then adjusts monthly. Access up to your credit limit, with lines up to $200000.**
Rates as low as 6.5% APR
5-Year Fixed Relationship HELOC
Like the Fixed Prime Plus HELOC, this loan features a low fixed 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.
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.
** 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.
Ready to start tapping into your home's equity? To apply online for an equity loan (2nd mortgage) or for a HELOC with an Equity Platinum Visa, click on the apply button below.
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.
Provident Credit Union NMLS #412725.