Got big plans? Long overdue home renovations? Maybe you're looking to make your space feel even more like home. Whatever you have in mind, your neighbors at Geddes Federal Savings & Loan Association are here to make your vision a reality.
Home Improvement Loans:
Benefits When You Get it at Geddes
- Loan payments that work for your budget
- Flexible repayment terms
- Easy, convenient online or in person loan payment options
- Local, friendly, knowledgeable service -- when you've got questions, your neighbors at Geddes are just a phone call away
Home Equity Loans are a Great Option for Home Improvement Loans
Make the value of your home work for you with a Home Equity Loan.
How a Home Equity Loan Works
- Borrow up to 90% of your home's appraised value
- Get your financing in one lump sum -- great for big projects or fixing a few things around the house all at once
- Consistent, predictable loan payments -- your loan payments won't increase for the lifetime of your loan. That's the benefit of getting a fixed rate home equity loan from Geddes Federal.
When you get it at Geddes, your Home Equity Loan may also qualify for no closing costs.*
Ready to apply? Looking to get answers to your questions before you make a decision?
Stress Less About Home Renovations with a Home Equity Line of Credit (HELOC)
At Geddes Federal, we get it. Whether your home improvement projects are getting a little more expensive than expected, or needed renovations keep piling up, it's all more manageable with a Home Equity Line of Credit.
With a Home Equity Line of Credit, you can tap into the value of your home on an as-needed basis.
You can use funds from your Home Equity Line of Credit for up to 5 years. Plus, your budget has plenty of breathing room because we give you 15 years to pay off your Home Equity Line of Credit.
Like a Home Equity Loan, you can borrow up to 90% of your home's value with a Home Equity Line of Credit.
To get started, or to get answers to any questions you may have...
Home Equity Loan or Home Equity Line of Credit: Which is Right for You?
Understanding the difference between a Home Equity Loan and a Home Equity Line of Credit will influence which is the best fit for you.
Get All the Funds at Once with a Home Equity Loan
A Home Equity Loan provides financing in one lump sum. This makes a Home Equity Loan a great option if you have one home improvement project or several projects that you're looking to complete all at once.
Get Funding When You Need It with a Home Equity Line of Credit
In contrast, with a Home Equity Line of Credit, you can tap into the funds whenever you need to for up to 5 years. This makes a Home Equity Line of Credit a desirable option for people who are looking to make multiple home renovations over time. Additionally, a Home Equity Line of Credit can also provide financial flexibility when life hits you with major, unexpected expenses.
Your Loan Payments Won't Increase with a Fixed Rate Home Equity Loan
A Home Equity Loan also offers the benefit of loan payments that will never increase for the lifetime of your loan. Geddes Federal offers home equity loans with a fixed rate. For you, that means even if the market causes interest rates to increase, you're still locked in to the same interest rate and loan payments that you received at the time that you were approved for financing.
Benefit from Flexible Interest Rates for a Home Equity Line of Credit
If you prefer the consistency of a fixed rate, Geddes Federal also offers a fixed rate Home Equity Line of Credit.
Alternatively, Geddes Federal offers a Home Equity Line of Credit with an adjustable rate. With an adjustable rate Home Equity Line of Credit, your payments could decrease as interest rates decrease. While this also means payments and interest rates could increase, you may be able to get approved for a lower interest rate with an adjustable rate Home Equity Line of Credit.
Let's Get into the Details
Talk with a Knowledgeable, Local Loan Specialist
Call 315-468-6281
What Can a Home Improvement Loan Be Used for?
Geddes Federal's home improvement loan options include Home Equity Loans or a Home Equity Line of Credit. Because of this, when you get it at Geddes, you can use your home improvement loan for more than just home renovations.
People often use home improvement loans to get financing for various projects. This includes, but is not limited to:
- Bathroom remodeling
- Kitchen remodeling
- Energy efficiency upgrades
- Pool installations
- Decks and patios
- Sheds
- Accessibility improvements
- and more
To take the first step to starting your home improvement projects...
Home Improvement Loans for Bathroom Remodeling
The bathroom you've always wanted could be affordable for your budget with a home improvement loan. Home improvement loans can fund almost any bathroom remodeling project you can think up. This includes, but is not necessarily limited to:
- Installing a stand in shower
- Bathroom cabinets
- Accessibility features, such as grab bars, anti-slip flooring and more
- Sink and toilet upgrades which could address plumbing concerns
- Bidet installation
- Bathroom sink upgrades
- Increasing the size and layout of your bathroom
- Bathroom flooring
- Bathroom tiles
- and more
Get a bathroom remodel that sparks joy and makes your home life more comfortable and accessible. It all starts with getting the financing that makes it possible with a home improvement loan.
Home Improvement Loans for Kitchen Remodeling
Whether you're looking for more space to cook comfortably, host dinner get togethers, get the look you've always wanted, or anything else you can imagine, Geddes Federal can help make it happen.
Home improvement loans are a great option to make your kitchen remodeling plans work for your budget.
Geddes Federal's options for home improvement loans are a great way to make your kitchen remodeling plans work for your budget. Our kitchen remodeling loan options can be used to finance a wide variety of projects, including but not limited to:
- Kitchen cabinets
- Kitchen island installation
- Kitchen flooring
- Kitchen windows
- Kitchen countertops
- New or upgraded refrigerators and other food storage
- and more
The first step to starting your kitchen remodeling project is getting the financing you need with home improvement loans.
Enjoy Pool Parties or a Private Swimming Spot with Home Improvement Loans
Cool off and enjoy family friendly fun with your own pool. Home improvement loans like a Home Equity Loan or Home Equity Line of Credit can make it possible.
Whether you're looking to install an above ground pool, an in ground pool or even a jacuzzi or hot tub, your neighbors at Geddes Federal make it work for your budget with affordable loan payments. Depending on what you're looking to do, you may be able to use your home improvement loan to finance a privacy fence or expanded pool deck.
Make memories and get a safe place to relax for you, your family and friends. To discuss your options for home improvement loans for a pool and related projects...
Protect Our Planet, Reduce Home Energy Costs with Home Improvement Loans
If you're feeling uncomfortable drafts of air move in and out of your home, home improvement loans could finance the energy efficient upgrades you need. It's not just about drafty windows and doors. Air moving in and out of your home can make your heating and cooling systems less effective. When you have your air conditioning on and are still too warm, or your heating turned up during colder months but still can't get comfortable, it could be a sign that your heating and cooling systems need an update.
Home improvement loans can be used to finance home energy upgrades, such as:
- Insulation
- Windows and doors with enhanced air sealing
- Heating and cooling system upgrades
These types of home energy upgrades can reduce your energy consumption while keeping you more comfortable all year. Home energy efficiency upgrades can also save you money over time, reducing your energy bills.
Financing your home energy upgrades is even easier with Geddes Federal's home improvement loans.
Home Improvement Loan Rates
Geddes Federal Savings and Loan Association offers affordable options for home improvement loan rates.
We offer a fixed rate Home Equity Loan, providing peace of mind that your loan payments will never increase for the lifetime of your loan. We also offer the flexibility of an adjustable rate Home Equity Line of Credit as well as a fixed rate Home Equity Line of Credit.
Several factors can affect interest rates on home improvement loans. To discuss details about home improvement loan rates for your specific situation...
We Make it Convenient and Easy to Make a Payment to Your Home Improvement Loan
Geddes Federal offers several convenient, secure options for making loan payments.
- Online Banking - Make loan payments securely from the comfort of home or anywhere you have an internet connection.
- In Person at a Geddes Federal Branch - With conveniently located branches in Manlius and Westvale Plaza in Syracuse NY, if you prefer to make loan payments in person, we make it easy. Loan payments can also be made at the drive thru of our Westvale Plaza branch.
- Mail - Checks for loan payments can be addressed to Geddes Federal Savings and Loan Association, PO Box 19040, Syracuse NY 13209-9902
For Local Loan Decisions on Home Improvement Loans, Get It at Geddes
Geddes Federal offers Home Equity Loans and a Home Equity Line of Credit on properties within a 50 mile radius of our Syracuse location. We've been a part of the greater Syracuse community since 1949. Our longevity is in large part due to our local loan decisions. We know the Syracuse community, we're part of the Syracuse community and we're here to help our neighbors turn plans into reality.
Whenever you have questions, a local Geddes Federal team member is just a phone call away. When you get it at Geddes, you don't have to deal with frustrating phone trees that send you to an outsourced call center just to talk to someone who doesn't know you or the specifics of your loan. When you call Geddes Federal, you get local support from people who know you and know how to help.
Home improvement projects are the start of exciting, new beginnings. We can help you get the financing you need. We take the time to explain the details in a way that makes sense, so you can be confident you're getting the best deal.
To discuss your options for a Home Equity Loan or Home Equity Line of Credit for your home renovations...