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Progressions Credit Union

 

 

Home Equity

Apply Now

Want to improve

your home?

Know your Equity.

Plan your dreams.

Make it happen.

– with help from Progressions Credit Union.

Why do all the work when your house can do it for you? When you use your home’s equity, you can…

  • Make home improvements & remodel
  • Consolidate debt
  • Support educational expenses
  • Pay for your family expenses
  • Cover any emergency bills

…and so much more. Utilize Progression Credit Union’s Home Equity Line of Credit or Home Equity Loan as a tool to make your dreams reality. We offer fixed-rate and term-rate equity loan options and Home Equity Lines of Credit (HELOC) to give you the greatest benefits for your unique situation.

Our experienced mortgage loan team is ready and waiting to help you accomplish your wide range of goals. Whether you want to send your child to college or take out the pink tile in the bathroom, putting your equity to use can help you tap into your home’s financial potential. Besides, purple tile would look so much better.

Start Here

Make your house your home and invest in your future with your home’s current equity. Start by simply having a conversation with one of our fantastic Mortgage Officers who are eager to listen to your financial goals and help you with the next step on your road to financial solutions.

 

 

How to Apply

Ready to Apply?

It’s easy because we will be by your side helping guide you on this financial journey!

Call us at 509.535.0191 and ask to speak with a Mortgage Loan Officer, or email us at mortgages@progressionscu.org. (Please do not include any sensitive information such as your Social Security Number or account numbers when emailing this.)

Contact Us

Recouses

Want more information?

Reach out to any of our Mortgages Officers, they are happy to answer any of your questions. Call us at 509.535.0191 and ask to speak with a Mortgage Loan Officer, or email us at Mortgages@progressionscu.org. (Don’t include your sensitive information, such as your social security number or account number in this email.)

Mortgage Calculator

Financial Education

Rates

Contact Us

Fixed-Rate Equity Loan

This type of loan is perfect for someone who is interested in using the equity in their home for a specific project and would like fixed payments for the life of the loan.

Features:
• Fixed-rate, lump-sum disbursement of funds, consistent monthly payments
• 6,10,15, 20 and 30-year terms available (30-year term option is only available on 1st lien loans)
• Up to 85% Combined Loan to value financing on a 1st lien or 2nd lien.

HOME EQUITY PROMOTION GIVE BACK 2022

Home Equity Line of Credit

(HELOC)

This type of equity loan is a more flexible alternative to a fixed rate and term Home Equity Loan. It is perfect for ongoing projects and to have for future emergencies, such as replacing a furnace or roof. The payments are variable because the rate is based on the prime rate plus a margin.

Features:
• Up to 85% combined loan to value financing on 1st lien or 2nd lien.
• NO ANNUAL FEE
• 10-year Draw Period and 15 Year Repayment Period
• Flexible, low monthly payments – with interest-only payments during the Draw Period

Refinancing with CASH OUT

Another way to access the equity of your home is with a Cash-Out Home Refinance. If we refinance your home, you may want to make some improvements at the same time, or other purchases using the equity in your home at the same time you refinance. This may be a better option for you than a regular Home Equity Loan. We are happy to guide you to making the right decision for you.

Know your Equity.

Plan your dreams.

Make it happen.

– with help from Progressions Credit Union.

Why do all the work when your house can do it for you? When you use your home’s equity, you can…

  • Make home improvements & remodel
  • Consolidate debt
  • Support educational expenses
  • Pay for your family expenses
  • Cover any emergency bills

…and so much more. Utilize Progression Credit Union’s Home Equity Line of Credit or Home Equity Loan as a tool to make your dreams reality. We offer fixed-rate and term equity loan options and Home Equity Lines of Credit (HELOC) to give you the greatest benefits for your unique situation.

Our experienced mortgage loan team is ready and waiting to help you accomplish your wide range of goals. Whether you want to send your child to college or take out the pink tile in the bathroom, putting your equity to use can help you tap into your home’s financial potential. Besides, purple tile would look so much better.

Want to improve

your home?

Start Here

We are here to walk with you through your financial journey. Whether you are ready to drive off in your dream car or looking to unlock cashback, we are excited to help you in this financial process.

 

 

How to Apply

Ready to Apply?

It’s easy to apply!

Get preapproved first by applying online or contacting us.

When you know, you know! Ask for Progressions Credit Union financing at most dealerships through our Credit Union Direct Lending (CUDL) program. This method is ideal for evening and weekend purchases if you didn’t get preapproved ahead of time.

Apply Now

Contact Us

Want More Information?

For more information, call us at 509.535.0191 and ask to speak with a Mortgage Loan Officer, or email us at Mortgages@progressionscu.org. (Don’t include your sensitive information, such as your social security number or account number in this email.)

Rates

Online Application

Contact Us

 

Fixed-Rate Equity Loan

This type of loan is perfect for someone who is interested in using the equity in their home for a specific project and would like fixed payments for the life of the loan.

Features:
• Fixed-rate, lump-sum disbursement of funds, consistent monthly payments
• 6,10,15, 20 and 30-year terms available (30-year term option is only available on 1st lien loans)
• Up to 85% Combined Loan to value financing on a 1st lien or 2nd lien.

2022 GIVE BACK HOME EQUITY PROMOTION GOING ON NOW

Home Equity Line of Credit

(HELOC)

This type of equity loan is a more flexible alternative to a fixed rate and term Home Equity Loan. It is perfect for ongoing projects and to have for future emergencies, such as replacing a furnace or roof. The payments are variable because the rate is based on the prime rate plus a margin.

Features:
• Up to 85% combined loan to value financing on 1st lien or 2nd lien.
• NO ANNUAL FEE
• 10-year Draw Period and 15 Year Repayment Period
• Flexible, low monthly payments – with interest-only payments during the Draw Period

Refinancing with CASH OUT

Another way to access the equity of your home is with a Cash-Out Home Refinance. If we refinance your home, you may want to make some improvements at the same time, or other purchases using the equity in your home at the same time you refinance. This may be a better option for you than a regular Home Equity Loan. We are happy to guide you to making the right decision for you.

Give Back 2022
Give Back 2022
CU Direct Logo and link to AutoSmart
Co-Op logo and link to shared branching locator
 Bauer-Financial-5-Star-Rating Logo and Link
Equal Housing Opportunity HUD Logo and link
National Credit Union Administration Logo and Link

Progressions Credit Union Routing Number 325182687

Progressions Credit Union – NMLS# 784627 in partnership with Wescom Credit Union NMLS# 999430

Assistance to Avoid Foreclosure / Terms of Use/Privacy/Other Important Disclosures
Co-Op logo and link to shared branching locator

PROGRESSIONS CREDIT UNION NMLS ID 784627

PARTNERSHIP WITH WESOM CREDIT UNION NMLS ID 999430

FEDERALLY INSURED BY NCUA

EQUAL HOUSING OPPORTUNITY LENDER

 Bauer-Financial-5-Star-Rating Logo and Link
Equal Housing Opportunity HUD Logo and link
CU Direct Logo and link to AutoSmart
National Credit Union Administration Logo and Link

Progressions Credit Union Routing Number 325182687 

Progressions Credit Union – NMLS# 784627 in partnership with Wescom Credit Union NMLS# 999430

Assistance to Avoid Foreclosure

Terms of Use/Privacy/Other Important Disclosures