Home Equity Lines

Make a big purchase
Make a big purchase
Pay off high-interest debt
Pay off high-interest debt
Renovate your home
Renovate your home
Pay for college
Pay for college

How it works

With a home equity line of credit (HELOC), you borrow against the available equity in your home – your house is used as collateral for the line of credit.

Financial flexibility & responsibility

Similar to a credit card, as you pay off your balance, the amount of available credit is returned. This gives you the power to borrow against it throughout your draw period.

Why go through Rainbow FCU?

No closing costs from 7/1/17 – 8/31/17
We are offering rates as low .50% below Prime!
No prepayment penalty!

Interested in a home equity line of credit?

Get in touch and we’ll contact you to find out if a home equity line of credit is right for you.