Home Loans
Home Equity Line of Credit
If you’re looking for funds for home improvements, special events, debt consolidation or tuition, the equity in your home is a useful resource. This adjustable-rate line of credit features:
- No application fee
- Repayment terms up to 15 years
- Competitive interest rates
- Borrow up to 90% of your home’s equity*
- Tax-deductible interest payments (consult your tax advisor for details)
- Easily access your funds after settlement by completing a voucher or by using online banking
Download your application or call our Real Estate Officer at 202.458.3834 for additional information.
*You can borrow up to 90% loan-to-value if your first mortgage is with OAS Staff FCU or CUMA, otherwise you can borrow up to 80% of appraised value.
