Use a USPS FCU Home Equity Product for:

• Home Improvements
• Debt Consolidation
• Education Expenses
• Investments
• Any Cash Need!

Home Equity Loan Facts

A U. S. Postal Service Federal Credit Union Home Equity Line of Credit or Second Mortgage Loan costs less than most other financing options because our rates are highly competitive, and we will pay closing costs up to $1,500.*

Using the equity built up in your home can be a smart way to borrow. Rates are considerably lower compared to other consumer loans, and in most cases you may be able to deduct interest payments (consult your tax advisor.)

* Your loan must close, be set up on your Credit Union account, and remain open for 36 months, or you will be responsible for reimbursing the Credit Union for all closing costs incurred by the Credit Union.

Home Equity Line of Credit

A great way for members to have access to cash when needed is through our Home Equity Line of Credit, which is a revolving line of credit based on the available equity in your home. Our variable rate is .25% lower than the Prime Rate*.

• You can borrow from $10,000 up to $200,000.
• 15 year term.
• In addition, we will pay closing costs up to $1,500.**. The closing costs benefit can represent an immediate savings of $300, $500, or more.
• Once your Home Equity Line of Credit is set up, you can access it by telephone, mail, branch, QUE, CU E-LINK, or FAX. As payments are made, the line replenishes itself up to your approved limit.
• Home Equity Line of Credits can be made in all states (except Texas, Puerto Rico and the Virgin Islands).

*Your variable Annual Percentage Rate (APR) is subject to change, based on the Prime Rate minus 0.25%, but will not exceed 12% and go below 4.99%.
**Your loan must close, be set up on your Credit Union account, and remain open for 36 months, or you will be responsible for reimbursing the Credit Union for all closing costs incurred by the Credit Union.

Second Mortgage (Closed-End Home Equity) Loan

Members that prefer a fixed rate loan will be interested in our low-cost Second Mortgage (Closed-End Home Equity) Loan. Once the loan is closed, the interest rate will remain constant for the entire loan term.

• You can borrow from $10,000 up to $200,000.
• Terms of 5, 7, 10, 12, and 15 years are available.
• We will pay closing costs up to $1,500* for a USPS FCU Second Mortgage loan. Compared to other options this can result in an immediate savings of $300, $500, or more.
• Second Trust Loans can be made in all states (except Texas, Puerto Rico and the Virgin Islands).

* Your loan must close, be set up on your Credit Union account, and remain open for 36 months, or you will be responsible for reimbursing the Credit Union for all closing costs incurred by the Credit Union.