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Paying Off a Home Equity Loan or Line of Credit

Mortgage & Home

Paying Off a Home Equity Loan or Line of Credit

Analyze the payoff comparison between a home equity loan and line of credit.

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Home Equity Loan or Line of Credit

Analyze the payoff comparison between a home equity loan and line of credit.

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Using Home Equity for a Major Purchase

Find out how you can use home equity for a major purchase.

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State Employees’ Credit Union conducts all member business in English. All origination, servicing, collection, marketing, and informational materials are provided in English only. As a service to our members, we will attempt to assist those who have limited English proficiency where possible.

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The Home Mortgage Disclosure Act (HMDA) data about our residential mortgage lending are available for review. The data shows geographic distribution of loans and applications; ethnicity, race, sex, age, and income of applicants and borrowers; and information about loan approvals and denials. These data are available online at the consumer Financial Protection Bureau's website (www.consumerfinance.gov/hmdaopens in a new tab). HMDA data for many other Financial institutions are also available at this website.

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