What is a HELOC?
As a homeowner makes payments on a mortgage, that home’s current market value could be greater than what the owner actually owes on the mortgage. Commonly referred to as equity, that dollar difference can be a great asset to a homeowner.
Trends show that many borrowers intend to use HELOC options to help cover expenses like home renovation projects, travel costs, college tuition, medical bills and, surprisingly, as a “just in case” measure.
At Cedar Point, we’re here to help. Call to speak with one of our Mortgage Service representatives about how we can help you leverage your home’s equity.
Apply for a HELOC
Anyplace, Anytime, On Any Device!
Did you know that we offer a quick, convenient way to apply for a Home Equity Line of Credit? As a member, you can apply online or using your smartphone or tablet, any time of day or night, from anyplace you happen to be! No need to call a mortgage loan officer or drive to the credit union, unless you prefer one of those methods. You now have more options to apply for loans to fit with your lifestyle!
Home Mortgage Disclosure Act Notice