A home equity line of credit (HELOC) is a revolving line of credit secured by the equity you've accumulated in your home. HELOCs provide flexibility for homeowners looking to tap into their home's equity when they need it to help with large or unexpected expenses.
With a HELOC near Syracuse NY, you can borrow up to 90% of your home's value.
Find Out If a HELOC Is Right For You
What Can You Use a HELOC For?
HELOCs are commonly used for life's biggest and unexpected expenses, such as:
- Home improvements
- College expenses
- Debt consolidation
- Vacations
- Wedding expenses
- Unexpected expenses, such as medical bills, repairs, or other emergencies
A HELOC provides you with a financial safety net and peace of mind that you have quick, reliable access to cash when you need it most. Our loan professionals will be happy to assist you in seeing how much you qualify for.
HELOC Near Syracuse NY At Competitive Rates
At Geddes Federal, we understand the diverse financial situations of our valued customers, which is why we offer HELOCs at fixed rates and adjustable rates. HELOC borrowers have the flexibility to choose a fixed-rate HELOC for predictable payments or an adjustable-rate HELOC that might start with lower rates.
Geddes Federal has the low HELOC rates near Syracuse NY you've been looking for.
Why Choose Geddes Federal For Your HELOC Near Syracuse NY?
Getting a HELOC with Geddes Federal goes beyond competitive rates. Our loan professionals will work with you every step of the way to find a rate structure that works for your budget.
Our HELOC terms take the stress out of repayment, offering a 5-year draw period to access your funds with a 15-year repayment period. You may also be qualified for no closing costs, reducing upfront expenses.*
You've worked hard for your home, now it's time to make your home's equity work for you...
Use Your Home's Equity To Your Advantage With a HELOC Near Syracuse NY
At Geddes Federal, your HELOC will be serviced locally by people who know how to help. Feel free to stop in a branch or give us a call at (315) 468-6281 to learn more about our HELOC near Syracuse NY and get started today.
¹To qualify for no closing costs, customers must maintain the Home Equity Fixed Rate Loan or Home Equity Line of Credit in good standing for two years. Early discharge of the loan for any reason within 24 months of the original note date may require reimbursement of closing costs at the time of cancellation. No closing costs refers to fees typically charged at closing that are being paid for by Geddes Federal. Geddes Federal does not pay for discharge fees, abstract bring down fees or interest due at closing, where applicable.'