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SPECIAL HOLIDAY HOURS

All Credit Union locations will be closed Thursday, June 19, in observance of Juneteenth.

Home Equity Loans

 

HELOC Intro Rate

Home Equity Line-of-Credit
As low as 5.740%* Introductory APR with Direct Deposit for the first 11 months!

Best current non-introductory rate: 7.500% APR
Maximum rate: 18.000% APR

APPLY TODAY  SPEAK TO A LOAN OFFICER

*APR = Annual Percentage Rate. Introductory promotional rate is subject to change and can end at any time without notice. Introductory rate available on new qualifying Home Equity Line of Credit (HELOC) applications with new or active direct deposit account. Introductory rate of 5.990% APR for the first 11 months available without new or active direct deposit account. All applications subject to underwriting guidelines and approval. Rates based on creditworthiness. APR is variable. Maximum 18.000% APR. Not a government-affiliated agency. Some restrictions apply. Ask for details. Non-introductory APR is based on the value of an index, which is Prime Rate published in the Wall Street Journal in effect on 12/19/2024.

What is a Home Equity Loan 1 ?

A Home Equity Loan lets you borrow against the equity in your home and turn it into cash. It's a smart way to fund renovations, consolidate debt, or cover major expenses by using the value of your home. 

Your home's equity is the difference between what you owe on the mortgage loan and the home’s current market value. If your home's value exceeds the outstanding home loan balance, you may qualify to borrow a percentage of the difference or equity.

Meet Your Loan Officer

Whether you want to purchase a new home, refinance, or use your home's equity, we provide one-on-one support to help you make the best decision for YOU. We're here every step of the way, so you don't have to plan alone. We're more than just experts – we're your neighbors who care! We take the time to understand your unique goals and answer all your home loan questions.

Ready to get started? Connect with a friendly Real Estate Officer today!

For a personalized rate and payment quote, please give us a call at (865)544-5409 or email homeloans@tvacreditunion.com.

MEET OUR TEAM

Simplify the Home Loan Process

Whether you need to consolidate debt, have unexpected expenses, or simply need some extra cash on hand, a Home Equity Loan or Home Equity Line-of-Credit may be able to help.

APPLY NOW   Calculate Your Payment

HOME EATING PIZZA

What You Need For Your Application

  • Two forms of identification (including one photo ID)
  • Two-year work history
  • Most current pay stub (within last 30 days)
  • W-2s and tax returns (from the last two years)
  • Bank statements (from the last two months)
  • Address history (from the last two years)
  • Homeowner insurance company name and phone number
  • Sales contract (only for purchase loans)
  • Legal description of the property (Warranty Deed or Trust Deed)
  • Current mortgage statement (if applicable)
  • Most recent awards letter for Social Security and/or pension income (if applicable)
Disclosures

1 Restrictions apply. Not a government-affiliated agency. All applications subject to underwriting guidelines and approval. Rates based on creditworthiness. Ask for details.

2 APR = Annual Percentage Rate. Restrictions may apply. Not a government-affiliated agency. All applications subject to underwriting guidelines and approval. Rates based on creditworthiness. Ask for details.