Tap into the value of your home’s equity with a revolving line of credit — finance repairs, vacations, and more.
- Competitive rates for several ongoing or seasonal needs
- Borrow up to 70% of the net equity in your home
- 10-year draw, 15-year pay back
- Rate is tied to the prime rate
- Interest only payments for the first 10 years
- The interest paid might be tax deductible*
- Accessory Dwelling Unit (ADU) financing available to turn a spare bedroom into income-producing space with help from our partner, Lilypad Homes
- Funds available anytime without reapplying; apply once, then use repeatedly thereafter
- Funds easily available via transfers to your North Bay Credit Union checking account
- Local decision-making and processing in the North Bay
- Knowledgable, experienced loan consultants to guide you through the process
*Consult a tax advisor.