Home Equity & Improvement Loans
Home Equity Loans
For many consumers, the purchase of their home represents the largest single investment they make in a lifetime. A home equity loan from Velocity makes it possible for you to wisely use the equity you have in your home to help you meet your financial goals. Home equity loans can be used for almost any reason, like education expenses, bill consolidation, or major appliances, . For many people, the interest paid on a home equity loan is tax deductible (consult your tax expert, please). Velocity specializes in approving and closing home equity loans fast, and we offer low (or no) closing costs* on most loans. Velocity offers both “closed-end” and “line of credit” (HELOC) Home Equity Loans.
Home Improvement Loans
Velocity Credit Union offers several different types of home improvement loans designed to finance large or small home improvement projects. Whether you need $5,000 or $50,000, we've got a great home improvement loans for you. Many of our loan programs offer quick processing in only a few days, and with no closing costs to the borrower. Call us if you plan to remodel, add a pool or spa, install siding, purchase new windows, or build a new room, deck or patio. We'll help you improve your home and save you money at the same time.
Nationwide Mortgage Licensing System & Registry - Member Notice
In accordance with the Secure and Fair Enforcement for Mortgage Licensing Act of 2008, Velocity Credit Union’s Nationwide Mortgage Licensing System Identification Number is NMLS ID: 657886.
Velocity Credit Union is in partnership with SWBC to provide mortgage services to credit union members. SWBC Nationwide Mortgage Licensing System Identification Number is 9741.
Individual Mortgage Loan Officer Identification Numbers may be obtained at the following website: http://www.nmlsconsumeraccess.org/
*Velocity will pay up to $500 towards closing costs.