Home Equity Line of Credit
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Home Equity Line of Credit

If you are a homeowner, you have the power to access up to 100% of your home's value.  With a FirstDay Home Equity Loan, large one-time expenses such as college tuition, home improvements, debt consolidation, or your child's wedding can be paid with ease.  As a bonus, the interest you pay may be tax deductible.*  Choose the loan that is right for you.

HELOC (Home Equity Line of Credit) - Variable Rate

  • Up to 100% of the appraised value less 1st Mortgage balance
  • Line accessed through a Visa credit card with a great rewards program
  • Rates as low as prime minus 1.25%**
  • No closing costs**
  • Minimum payment 2% of balance
  • No early payoff penalty

Apply for a Home Equity Loan Now!

* See your tax advisor

** Terms and conditions determined by your credit score and loan to value

 
 

 

 

 
     
 

We think anyone who becomes a FirstDay member is smart... just because it's such a great financial value. Better rates, free services, etc. But, we've been serving teachers and school employees for nearly 70 years, and we think they're pretty smart. See why they think we're a new way to bank.