Cash in on your equity.

If you've owned your home for a while and have been making regular monthly mortgage payments, there's a good chance you've built up equity that can be used as collateral for a loan.  Which one is right for you?
Home Equity Loan

• Receive your money in one lump sum
• Low, fixed rates
• Flexible repayment terms - up to 15 years
• No pre-payment penalty
• Closing costs paid by Oxford Federal Credit Union*
• Interest paid may be tax deductible**

Home Equity Line of Credit (HELOC)

• Withdraw money as needed
• Variable interest rates
• Fluctuating monthly payments
• Closing costs paid by Oxford Federal Credit Union*
• Interest paid may be tax deductible**

You can easily apply online or call us at 800.991.9219.

Disclosures
*Loan must remain open for three years. Estimated closing costs $600. Membership eligibility required, included $5 minimum share account balance. Additional disclosures will be sent to you upon application submission. Property insurance required. Flood insurance required where applicable.
**Consult your tax advisor about the deductibility of home equity interest.