Home Equity Line of Credit - 2020 Closing Costs Deal | R.I.A. Federal Credit Union
Skip to main content

It might be a good time to work on some safer-at-home projects - like home improvements, future travel plans, or planning for college expenses! Put the equity in your home to work for you. FOR A LIMITED TIME - receive 50% off closing costs!

Home Equity Line of Credit 

  • Finance up to 95% of your home's value to:
    • Make home improvements
    • Landscape the yard
    • Consolidate debt
    • Pay for college tuition
  • Access fund through online and mobile transfer, or by contacting us by phone or at a branch
  • Up to a 15 year loan with a 7 year draw period
  • Visit our mortgage center
  • View rates
  *Offer may expire at anytime. 

Looking for help? Let us know!  

* Indicates Required

Or you might want to

Call 563-355-3800

Home Equity Line of Credit

How it Works

A Home Equity Line of Credit (HELOC) is similar to a credit card which means the credit limit is based on the amount of equity available in your home. Available funds will vary based on your draws and how payments are made over time. 

Monthly Payment

Interest rates on HELOC's adjust bi-annually. Total monthly payment varies depending on the balance and current interest rate - plus you only pay interest on what you've used. 

Perfect For...

HELOCs are a great option for projects that will be done over time, or that have various, sometimes, unpredictable expenses. 




Brooke Keck
Mortgage Loan Expert
563-355-3800 x7032

Saving on Home Equity Line of Credit Closing Costs 

*We are offering this special of 50% off our Home Equity Line of Credit closing costs. Loans must close prior to October 31st, 2020 to receive special. 50% off applies to home equity lines only. Minimum loan line amount of $10,000.

When you apply for your home equity loan, we'll outline all of your closing costs in your loan estimate. Reach out to any of our local branches in the Quad Cities, Savanna, IL or Wisconsin with your mortgage loan questions.