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Simplify Your Debt, Simplify Your Life

We Have Options to Help You Simplify Your Debt

Debt can impact your financial well-being every day. That’s why we offer Home Equity options that can help you consolidate your debt and save money. 

What is equity? It’s the current value of your home minus your mortgage balance. You can borrow against that equity to consolidate your debts to make paying them down easier and more efficient. 

WSECU can help with our 2 home equity options: Home Equity Loan or Line of Credit. We also offer debt management options if you do not own a home such as personal loans and our Low Rate Visa card with no balance transfer fees for the first 6 months.

This may be right for you if...

Borrow up to 80% of the equity of your home!

Subject to credit approval, underwriting guidelines and property occupancy.

Home Equity Line of Credit

A Home Equity Line of Credit (HELOC) is a revolving line of credit funded by the amount of equity you have in your home. Think of it like a credit card that is funded by your home’s equity (but with a much lower rate). 

  • Access your line of credit for up to 10 years **
  • Repay as soon as you would like up to 20 years
  • Variable rate options
  • Offers flexibility for unknown circumstances

Get Started

Here's what you'll need

**Conditions Apply

Home Equity Loan

A Home Equity Loan is a lump-sum amount determined by the equity you have in your home. It can offer a lower interest rate than a Home Equity Line of Credit (HELOC) and set monthly payments. 

  • No early repayment fees
  • Pay back your loan over 10, 15, or 20 years with no change in interest rate
  • Fixed rates *
  • Fixed monthly payments

Get Started

Here's what you'll need

*View Assumptions

Home Equity Loan and Line of Credit Rates

Home Equity Line of Credit

3.75% - 6.00% Variable APR**

Maximum Loan Amount


Home Equity Loan

3.91% - 4.86% APR

What Our Members are Saying

"The Home Equity team was great! They explained to me the plan, helped me get the information I needed and were always in contact with me through the whole process. At the branch, the staff were clear and we both understood what we were signing. I have been banking with WSECU for many years and appreciate their business." 

- Lisa, WSECU Member

Frequently Asked Questions

Simplify Your Debt Article

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