A Home Equity Line Of Credit can be established for up to 80% of your home's appraised value (minus your first mortgage). You can borrow up to $350,000 at the low variable rate of 1/2% below Prime*, with a 10 year draw period and a 15 year repayment period.  Once your line of credit is approved, you can draw as little as $100 up to your remaining credit limit for home improvements or any other reason, and you can borrow as you need it. In most cases, the interest you pay is tax-deductible, depending upon your tax situation (ask your tax consultant). Some fees may apply. Contact PPL GOLD Credit Union for details. If you currently have a Home Equity Line of Credit with PPL GOLD and would like to take advantage of this new lower rate, simply click here.

FIXED RATE HOME EQUITY

PPL GOLD offers Real Estate Loans up to $350,000 with a fixed interest rate, and up to 20 years to repay. You can also borrow up to 80% of the value of your home and take up to 20 years to repay at a low rate. Some fees may apply. Click here to apply online, or contact PPL GOLD Credit Union to speak with one of our Loan Specialists.

Click here for some helpful Real Estate links.

*Rate is based on the Prime rate as published in The Wall Street Journal. Minimum rate is 4.50% and maximum rate is 18%. Rates and terms are subject to change.