Home Equity Line of Credit


Your house is more than just a home – it’s a financial investment. Sometimes, it helps to leverage the equity in your home to help accomplish other important goals! Inspire FCU home equity line of credit is designed to help you reach even the most challenging goals when they arise. You have the power to borrow the funds when you need them, and only pay back on the amount you borrow. 

A home equity line of credit can provide a sense of security to provide you the means necessary without the added stress of finding financing when the time comes. Don’t need the funds? No problem. But, rest assured that you have accessibility to them when needed. 

Features & Benefits

  • Competitive rates with flexible terms
  • Borrow up to 100% of your home’s value (LTV)* 
  • Low introductory rates
  • Interest only payment options
  • Borrow only what you need, and pay on only the balance of your loan
  • Access your funds with HELOC Checks
  • Access account details conveniently online to view balance and make payments directly from you Inspire FCU Checking Account
  • Quick, in house decisioning 

Terms

10 year draw with 15 year repayment (25 year total term)
Borrow up to $250,000***

Common Uses

  • Home improvement
  • Secondary education expenses
  • Debt consolidation
  • Small business start-up expenses

 

Please visit our rates page for full disclosure and account terms and conditions.

 

Want to save even more? Get your Home Insurance from Inspire Insurance Agency! Contact one of our friendly agents today by dialing 215.788.2640 to get your free quote. Want to do it online? No problem, visit our electronic insurance aisle today and start your free quote online!

You've searched high and low for a pile of cash (to no avail), but have you thought about tapping into your own home? Use your home's equity as collateral for a loan and get the cash you need to fund that big expense.  

Thinking about a major home remodel, going back to school or taking a dream vacation? Maybe you need help paying off your credit cards or medical bills. Use the value in your current house for whatever you'd like! With an Inspire Home Equity Line of Credit, you can borrow up to 100% of your home's value (LTV)* with rates as low as 1.59% APR!**


Home Equity Loans

Your home is more than just a structure – it’s a financial investment. Sometimes, it helps to leverage the equity in your home to help accomplish other important goals! Inspire FCU home equity loans are designed to help you reach even the most challenging goals. Home equity loans can be used for anything from a home improvement project, to debt consolidation and secondary education expenses. Leverage the equity you’ve built over the years to help accomplish the important things in your life!

Features & Benefits

Competitive rates with flexible terms
Borrow up to 100% of your home’s value (LTV)* 
Access account details conveniently online to view balance and make payments directly from you Inspire FCU Checking Account
Quick, in house decisioning
Pay-off your mortgage in 5 years with our Finish Line Mortgage1

Terms

Terms up to 240 months (20 years)
Borrow up to $500,000***

Common Uses

  • Home improvement
  • Secondary education expenses
  • Debt consolidation
  • Small business start-up expenses

Please visit our rates page for full disclosure       and account terms and conditions.

Want to save even more? Get your Home Insurance from Inspire Insurance Agency! Contact one of our friendly agents today by dialing 215.788.2640 to get your free quote. Want to do it online? No problem, visit our electronic insurance aisle today and start your free quote online!


Interest Only HELOC

Your house is more than just a home – it’s a financial investment. Sometimes, it helps to leverage the equity in your home to help accomplish other important goals! 

Inspire FCU interest only home equity line of credit is designed to help you reach even the most challenging goals, at a low rate with great payment flexibility. You’ll have access to the revolving cash, while making the lowest possible monthly payment! Your monthly payment is calculated as the monthly interest expense on the loan.

Features & Benefits

Competitive rates with flexible terms
Low introductory rates
Borrow only what you need, and pay monthly interest expenses on the balance of your loan
Access your funds with HELOC Checks
Access account details conveniently online to view balance and make payments directly from you Inspire FCU Checking Account
Quick, in house decisioning

Terms

  • 10 year draw period with monthly interest only payments, followed by a 15 year repayment (25 year total term)
  • Borrow up to $250,000***

Common Uses

  • Home improvement
  • Secondary education expenses
  • Debt consolidation
  • Small business start-up expenses

 

Please visit our rates page for full disclosure       and account terms and conditions.

 

Want to save even more? Get your Home Insurance from Inspire Insurance Agency! Contact one of our friendly agents today by dialing 215.788.2640 to get your free quote. Want to do it online? No problem, visit our electronic insurance aisle today and start your free quote online!