With a Yakima Federal home equity loan or preferred line of credit, you could save money.
- Use the equity in your home to make home improvements, buy a car, take a vacation, or pay off high interest credit cards.
- Affordable monthly payment spread over a fixed period of time
- Fixed interest rate
- Pay only third party fees on our home equity loan.
- Interest may be tax deductible. (See your accountant for tax deductibility.)
THE PREFERRED LINE OF CREDIT LOAN
- Variable rate loan that allows you the convenience of using the equity in your home as a revolving line of credit.
- Pay off those credit cards, buy a car, or take the vacation by writing a check!
- No annual fee
- Interest may be tax deductible. (See your accountant for tax deductibility.)
Our Preferred Line of Credit provides the flexibility to write a check in order to access your home equity, and you only make payments on the amount that you spend within a ten-year draw period. Click here to read the Consumer Finance Protection Bureau: Home Equity Line of Credit booklet.
Click here to start your loan process
To find out whether you’re in a good borrowing position, and the maximum amount you should be able to borrow, call us at (800) 331-3225 or drop into any local branch. We’ll get you the answer you need.