Home Equity Loan
We have three EASY ways to apply for a home equity loan.
Borrow up to 80% of the appraised value of your home in Pennsylvania minus what you owe on your mortgage. With our low fixed interest rates, flexible terms, repayment plans from 5 years up to 20 years, and no closing costs, a home equity loan at Allegent is the perfect way to remodel your kitchen, pay college tuition, buy a car, or do anything else you have been planning to do.
Call us at (412) 642-2875, visit one of our branches, or click the button below to apply online today!
Home Equity Line Of Credit (HELOC)
Unlock Your Home’s Potential With our Exclusive HELOC Offer!
With a equity liine of credit, tap into your home’s equity effortlessly, borrowing as needed without reapplying. After six months, the rate will revert to the credit union’s qualified rate. Take advantage today and turn your dreams into reality!
Your HELOC will have a 10-year draw period with a 20-year repayment term from the end of the draw period. The draw period is the time frame during which you may borrow against your equity and pay exclusively against your interest. Rates are subject to change without notice. $10,000 new money required to refinance an existing Allegent HELOC or open a new Home Equity Line of Credit. The introductory APR will automatically terminate at the end of the 6-month introductory period. After the introductory rate expires, the rate will revert back to the standard advertised HELOC interest rate. The standard interest rate is based on the Wall Street Journal Prime Rate. The rate is subject to change quarterly on the 1st of January, April, July, and October. If you borrow $30,000 at 8.50% APR (Prime rate as of 5/15/24), your estimated monthly payment will be $261.47. Consult a tax advisor for tax deductibility of interest and charges. Subject to credit union underwriting standards. Federally insured by the NCUA. Membership Eligibility Required.
We have three EASY ways to apply for a home equity line of credit.
Our home equity line of credit is an open-ended loan secured by your home’s equity. A credit line allows you to borrow again and again as you need it without reapplying.
Borrow up to 80% of the appraised value of your home in Pennsylvania minus what you owe on your mortgage
Variable rate
Open-ended line for up to 10 years
20-year repayment
Interest-only payments for up to 10 years
No closing costs
With our suite of credit lines, members are sure to find a product that fits their needs! For more information on home equity lines of credit, click the button below.
Call us at (412) 642-2875, visit one of our branches, or click the button below to apply online today!