Home Equity Loans in CT
Home financing right under your roof, leverage your home’s value with a home equity loan from Seasons Federal Credit Union. Use the equity you’ve built within your home—thanks to those timely mortgage payments—to get affordable financing for a wide range of needs with some of the best home equity loans in CT!
Whether you’re looking to consolidate debt, finance a major event or make home improvements, whatever your needs may be, a home equity loan is a valuable cash resource and may improve your income tax liability*. Ask your tax advisor to show you how this potential savings can lower your cost of borrowing.
Home Equity Loan
rates as low as
3.00% APR*
5 year term
Apply For A Home Equity Loan Today
*View full rate information and qualifiers.
What is Home Equity?
Home equity is the difference between your home’s market value and the remaining balance on your mortgage. If you own a home and have been making payments on your mortgage for years, then you may have built up a significant amount of equity. With a home equity loan, you can borrow against the value of your home. This could be a good strategy for you if you need to get extra money to pay for a large expense.
Home Equity Loan Benefits
- Great low rates
- Interest may be tax deductible*
- Use funds for any purpose
- Local decision-making
*Consult a tax advisor.
Looking for help paying your loan?
Make an appointment with our team in the branches!
Do you have questions about your account? Do you need to apply for a loan or a credit card?
If you schedule an appointment online, you can choose the time and date that works best for your schedule to come into a branch. You can avoid waiting in the lobby when you need financial help.
*APR=Annual Percentage Rate. Rates effective 9/1/20. Rates are subject to change. All loan requests subject to credit approval. Actual rate and term based on creditworthiness of borrower and percentage of loan-to-value; rates subject to change without notice. The minimum interest rate for a Home Equity Loan of 3.00% APR and a maximum rate of 18% APR. Home Equity loan rates will be increased by 0.50% if loan amount is less than $25,000.00. Please contact a SFCU representative for additional information.