HELOCs Now Available From TUMCU

10/12/2022

We’d like to announce that HELOCs are now available for TUMCU Members!

A Home Equity Line of Credit (HELOC) is a method of borrowing in which a homeowner can borrow against the equity in their home. The interest rate is typically more attractive than alternative unsecured options since it is secured by a home.

As with most lines of credit, funds can be accessed on an as-needed basis by transfer into a TUMCU account. And you can use the funds for just about anything – home improvements college expenses, debt consolidation, and more.

You can learn more about HELOC’s and how to apply by following the link below.

LEARN MORE >

Posted by Parker Eads in Blogs.

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