Keep Your Mortgage.
Use the Equity You've Built Instead.
If you’re like many Northern Nevada homeowners, you probably locked in a great mortgage rate over the past several years, and you don’t want to give it up.
The good news is that you don’t have to.
Whether you’re planning a home renovation, consolidating high-interest debt, helping pay for college, or simply preparing for what’s next, the equity you’ve built in your home can help you reach your goals without refinancing your existing mortgage.
Re-imagine what’s possible with a Home Equity Line of Credit or Home Equity Loan from Great Basin Federal Credit Union.
Which Option is Right for You?
Home Equity Line of Credit
- Ideal for flexibility
- Variable rate as low as 7.25% APR*
- Revolving line of credit
- Borrow and repay only what you use
Home Equity Loan
- Ideal for one-time expenses
- Fixed rate as low as 8.25% APR*
- One lump-sum amount
- Predictable monthly payments
When you borrow locally with Great Basin Federal Credit Union, you get more than competitive rates; you get people who know your community and are here to help.
You’ll Enjoy:
- Competitive low rates
- No application fee
- No closing costs
- Fast local decisions
- Friendly, knowledgeable service
- Local lending you can count on
What Could You Re-Imagine?
Your home’s equity can help you:
- Remodel your kitchen or bathroom
- Replace your roof or HVAC system
- Consolidate higher-interest debt
- Help pay for college
- Cover unexpected expenses
- Fund a dream project
- Create more financial breathing room
With Great Basin, your mortgage rate doesn’t have to change to make your next move.
Keep the mortgage rate you love while putting your home’s equity to work. Whether a Home Equity Line of Credit or Home Equity Loan is the better fit, our team can help you choose the option that’s right for your goals.
Ready to Get Started?
Take it from our members.
*APR=Annual Percentage Rate. On approved credit; for qualified borrowers. Not all will qualify. No closing costs; no points; no origination fees. Appraisal may be required; can be reimbursed upon funding. The interest rate is tied to the Prime Rate as listed in the Wall Street Journal. Other lending policies may apply. Rates subject to change without notice. See credit union for complete details.