Home Equity Loans

The value of the property is determined by one of three things, either an appraisal, AVM or tax assessed value
Able to borrow up to 100% of value
Closing Fee is $495
Loans are retained and serviced at Levo Credit Union
Can be used for home improvements, emergency funds, travel expenses, consolidate debt, potentially deduct the interest on your taxes (consult your tax adviser)

Potential to borrow up to 100% CLTV (loan to value)
5-Year draw period
Minimum payment during draw period is interest only
Minimum draw amount is $500
No prepayment penalty
No annual fee
No minimum number of draw of dollar amount
Only $495 closing costs without an appraisal
Can be in place as a reserve to use if need be
Loans are retained and serviced at Levo Credit Union
The value of the property is determined by one of three things. Appraisal, AVM, or tax assessed value.
Can be used for home improvements, emergency funds, consolidate debt, pay off high-interest debt, vehicle purchase or repair, education expenses, annual tax payments, cash reserve, funds for down payment on second home or investment property, potentially deduct the interest on your taxes (consult your tax adviser)

Unlock Your Equity