Are you considering upgrading your home, but unsure how to fund those renovations? Look no further than a Home Equity Line of Credit (HELOC). A HELOC can be a powerful financial tool for homeowners looking to enhance their living space, increase property value, or simply make necessary repairs and upgrades. With warmer weather upon us, now is the perfect time to take advantage of Goldenwest Credit Union’s special offer featuring a fixed introductory rate of 5.49% Annual Percentage Rate (APR) for the first six months. Let’s explore the benefits of leveraging a HELOC for your home improvement projects.

Access to Funds: One of the most significant advantages of a HELOC is its flexibility. Unlike a traditional loan where you receive a lump sum upfront, a HELOC allows you to access a line of credit as needed.

Low Interest Rates: With Goldenwest offering a fixed introductory rate of 5.49% APR for the first six months, you can potentially save money compared to other forms of financing. Even better, at Goldenwest, there are no fees nor closing costs with your new HELOC.

Increase in Home Value: Investing in home improvements can significantly increase the value of your property. Whether you’re updating your kitchen, finishing a basement, or enhancing your outdoor living space, these renovations can make your home more appealing to potential buyers and command a higher resale price in the future.

Emergency Fund: Life is unpredictable, and unexpected expenses such as major home repairs can arise when you least expect them. Having a HELOC in place provides you with a safety net, giving you peace of mind knowing that you have access to funds in times of need.

Quick and Convenient Approval Process: Applying for a HELOC is often quicker and more straightforward than applying for other types of loans. You can apply for a HELOC online, and at any Goldenwest or USU Credit Union branch location.

This spring is a great time to unlock your home’s potential with a HELOC at a fixed introductory rate of 5.49% APR for the first six months. Whether you’re planning a major renovation or tackling smaller upgrades, a HELOC provides the flexibility, affordability, and convenience you need to turn your vision into reality. Take advantage of this opportunity to invest in your home and enjoy the benefits for years to come.

Introductory rate of 5.49% Annual Percentage Rate (APR) fixed for a one-time single advance of $10,000 or more made between 4/1/2024 through 6/30/2024 on qualifying new and existing Cashliner 4 and 5 HELOCs. Intro rate will be in effect for 180 days from the day of the cash advance. Following the introductory period, the rate on outstanding balances will revert to a variable rate based on the Wall Street Journal Prime Rate plus or minus the margin stated in your original Home Equity Line of Credit agreement. Members that received the 5.49% promotion rate from 1/1/2024 through 3/31/2024 do not qualify for this offer. Introductory rate is available on one HELOC per member. All rates and offers available for a limited time and subject to change without notice. Other restrictions apply. Home Equity Loans and Lines of Credit have a maximum variable APR of 18%. As of January 1, 2024, Prime Rate is 8.50% APR. APRs for home equity lines of credit are based on prime rate plus a margin, and are determined by your credit and loan to value of the subject property. Consult a tax advisor on tax liability. Fees may apply if closed within 24 months. Equal Housing Lender. NMLS#440574.