XCEL Federal Credit Union

Home Equity Loans and Lines of Credit are an all-purpose resource you can use for most any purpose. They let you use your home's value to receive ready cash to use now. No more waiting for the things you want. Choose a Loan for a larger, lump sum payment for major purchases, or choose a Line to have extra cash on hand for emergencies, special occasions and smaller purchases. (Your line of credit rebuilds itself as you pay it back, so the faster you repay, the more you have available.) Plus... both may be tax deductible - ask your tax advisor for details.

Home Equity Line of Credit, based on Prime rate, for on-going needs or ready cash reserve.
Quick Home Secured Loan, based on fixed rates, for one-time needs and big projects.
Minimum Line or Loan amount is $10,000; Maximum is $350,000.
Home equities are available for a 1 to 4 family residential unit which is owner occupied as a primary residence. No closing costs or annual fees.
May be tax-deductible, consult your tax advisor.
Automatic payment option available.

For information and assistance: 1-800-284-8663 ext. 3001