Advantage: Home Equity


Potential Tax Breaks


Repairs and Improvements


Home Equity Loan & Line of Credit Overview

The information provided is based on a $50,000 home equity loan. The property is located in Olympia, Thurston county in the State of WA. The property is an existing single family home and will be used as a primary residence. The rate lock period is 0 days and the assumed credit score is 640.This assumes that the total of all existing mortgages does not exceed 80.00 of the property value.

At a 4.49% interest rate, the APR for this loan type is 4.779%. The monthly payment schedule would be:

  • 119 payments of $517.96 at an interest rate of 4.49%
  • 1 payment of $516.59 at an interest rate of 4.49%

You’ve put a lot into your home…why not give it the chance to return the favor? Let the equity go to work for you with a Home Equity Loan or Easy Equity Line of Credit. They’re ideal for home repairs or remodels, buying new stuff for your house and a host of other purposes. For specifics on eligible tax deductions, consult with your tax advisor and check out the latest tax benefit options from the IRS.

Home Equity Loan & Line of Credit Features & Benefits
  • Closed-end loan with a competitive fixed rate
  • Accessible line of credit with a low variable rate
  • Consult your tax advisor regarding eligibility for tax benefits
  • Use the funds for any purpose
  • Automatic Payments
    Automatic Payments

    Isn’t forgetting to make a loan payment the worst? It doesn’t look good on your credit report and sometimes there are late fees to boot. Yuck. The simple solution is automatic payment and we’d be more than happy to help set it up for you. If you’d like to schedule automatic payments yourself, give it a try under the Payments tab in Online Banking.

  • E-Statements

    We’re all about eco-friendly, and e-statements help keep things a little tidier all the way around. You can sign up for them under the Documents tab in Online Banking, be notified by e-mail when they’re available for viewing and know they’re securely stored for you. No more hard copies to file and shred!

  • Mobile Banking
    Mobile Banking

    Mobile Banking is account management on the go. Having the ability to check balances, keep tabs on activity and transfer funds on the spot – along with several other features – is very handy and pretty much the norm these days. We’re happy to oblige.

    You have a choice – browser or app – but you'll want the app because...wait for get Mobile Deposit!

  • Online Banking
    Online Banking

    Online Banking is one of the ways we help you make banking the most enjoyable hassle of your day. And when there’s access to check balances and activity, transfer funds, pay bills and more whenever you need it, banking really isn’t a hassle at all, right?

  • Payroll Deduction
    Payroll Deduction

    What is payroll deduction? It’s a way to have part of your paycheck deposited into an account or applied as a loan payment. We’re happy to accept payroll deductions if your employer offers it – check with your company’s payroll department for more information.

  • Shared Branching
    Shared Branching

    Shared Branching is the cooperative spirit in action. Thanks to a partnership with several of our fellow credit unions, you have WSECU branches away from home at over 5,000 participating credit unions. You can search for Shared Branches on our Locations page.

  • Telephone Banking
    Telephone Banking

    If you’d rather use a good old-fashioned phone to access your accounts, meet Telephone Banking. Our automated system lets you check account, loan and credit card balances, make transfers, check withdrawals and more. A quick call to our Contact Center for an access code will get you started. We also offer a guide with a detailed list of available services.

Ready to put your home’s equity to work?

Home Equity Loan Rates
LoanAPR*Maximum Loan-to-ValueMaximum AmountAssumptions
Fixed Rate Loan 4.99% - 7.50% 100% $500,000.00 Assumptions
Variable Line of Credit 4.99% - 8.00% 100% $500,000.00
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Member Story
Yuri S.

They will take the time to sit down with you and really talk about your finances.