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Loans

Home Equity Line of Credit (HELOC)

Home Equity Line of Credit (HELOC)

For those recurring or random large expenses such as tuition, medical emergencies, or major car repairs, tap the accumulated equity in your home with our low-rate Home Equity Line of Credit. It features no loan-advance fees and low closing costs. The minimum initial advance is $2,500. After that, you can draw advances of $500 and up. The maximum repayment term is 15 years.

This account offers you flexibility access from your credit line—you can conveniently draw against your line by Check or Visa Debit Card.

Read this article for comparative information.

SAFE Act

The Secure and Fair Enforcement for Mortgage Licensing Act (SAFE Act), requires credit union mortgage loan originators and their employing institutions to register with the Nationwide Mortgage Licensing System & Registry (NMLS). A listing of the mortgage loan originators (MLO) of Cornerstone Credit Union (Institution 743907) can be found below:

NMLS ID MLO Name
472527 Scott Arnold
762751 Jason Barklow
1715666 Verenice Capilla Baragas
936718 Gail Clore
1509601 Salvador Gomez Tenorio
1497623 David Hoffert
770538 Lisa Miller
1179806 Julie Smith
1976250 Tana Slauson-Reed


For more information about the Nationwide Mortgage Licensing System & Registry, please visit the NMLS at www.nmlsconsumeraccess.org.


Rates Apply Today
Cornerstone Credit Union
1-800-711-3277  •  Routing: 271184425  •  NMLS #743907
 

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Your deposits are federally insured up to $250,000 by the National Credit Union Administration (NCUA), with an added safety net of private insurance (Excess Share Insurance/ESI) for an additional $250,000. This is the highest combination of federal and private insurance available to consumers.