At Coral Community Federal Credit Union, we realize that owning a home begins with the right mortgage. This means more than just finding a great rate, it means knowing that your credit union is watching out for your best interests. With all the options available to you, you can feel confident that CCFCU is taking care of YOU, our most valuable asset.
Home Equity Line of Credit (HELOC)
In deciding whether a home equity line of credit is right for you, a common question that comes up is "What’s the difference between a HELOC and a second mortgage?" While they both place a lien on your property, a home equity line of credit can give you more flexibility for the equity in your home. Because it is a credit line, it allows you to draw from it time and time again, without having to redo the paperwork. You can take as little as you want or maximize the entire credit line over and over.
Finding the right mortgage is important. Coral Community Federal Credit Union wants to assist you every step of the way. Feel good about your decisions. We can help.