Find the Money You Need Right at Home

From emergency expenses to happy surprises and everything in between, a Bragg Mutual Home Equity Loan or Line of Credit means always having the money you need, when you need it.

Get the Money You Need—Now!

Expecting the Unexpected Just Got Easier

Ever asked yourself, “Great! How am I going to pay for this?” With a home equity line of credit (HELOC) or home equity loan, the money you’re looking for is right at home.

Bragg Mutual Home Equity Offers:

• One time loan or revolving line of credit

• Up to 90% financing available

• Rates as low as 5.75% APR*

Whether you need help paying for a personal emergency, find an investment opportunity, or are making moves to improve your financial future, the cash you need to make it happen is already there for you.

What Will Your Home Help You Do?

By using your home’s built in equity, you can access the funds you need for—well, for whatever you need!

Put Your Home’s Equity Towards:

Home Equity Loan vs. HELOC

Home equity loans work just like any other personal or auto loan. The equity (your home’s value minus any debts or obligations, like a mortgage) determines how much you can borrow. You can then borrow up to that limit all at once. With a home equity loan, monthly payments are easy to budget, consistent, and eligible for refinance at a later date.

Equity: The appraised value of your home and real property minus any outstanding debts or obligations, like mortgages, liens, or other claims.

Home equity lines of credit (HELOCs) on the other hand, provided greater flexibility for borrowing as you need with potentially less long term commitment. Similar to credit cards and other revolving lines of credit, HELOCs allow you to borrow as much or as little as you need against your home’s equity. The outstanding balance of your HELOC will determine how much your monthly payment will be and the rates are more subject to change.

Get out More Than You Put In

Maybe the best thing about your home’s equity is it’s more likely to increase over time as housing and property values rise. And, with the right renovations, repairs, and improvements, you can increase your home’s value even faster, meaning even more disposable equity at your fingertips!

 Ready for What Comes Next?

Whatever life has in store, the money you need is already waiting for you with a Bragg Mutual home equity loan or line of credit.

Access Your Equity Today!

*APR=Annual Percentage Rate. Rates are presented as low as and are based on individuals' creditworthiness, loan terms, & other underwriting factors. Amount of equity will vary and is based upon home appraised value and amount owed. Amount for illustrative purposes only. Property insurance is required. Members who have an existing Bragg Mutual Federal Credit Union Home Equity Loan or Home Equity Line of Credit are not eligible. Credit terms and conditions apply. See credit union for details. Equal Housing Lender. NMLS #XXXXXX. Federally Insured by NCUA.