Home Equity

Your home may be your castle, but it’s also your greatest asset. At Chaco, we make it easy for you to utilize this asset to its fullest, giving you added financial flexibility for the things you need most. Based on the equity in your home, choose the option that's best for you, whether a home equity loan or home equity line of credit. With loan limits up to $100K, along with competitive variable or non-variable interest rates, Chaco makes it easy for you to borrow the funds you need – for consolidating debts, tuition or school debts, home improvements and more. Plus, interest may be tax deductible.*

Helping You Find What’s Right for You.
Let us help determine how to best leverage the power of your home equity. You might be ideal for a home equity loan – a one-time lump sum paid off over a set time, with non-variable rates and payments. Or perhaps a home equity line of credit (HELOC) is better for your needs – similar to a credit card that lets you borrow money as you need it, up to a certain amount for a set time, and as you pay it off allows you to borrow again. We help you understand what kind of flexibility is best for your financial plan, and then help you use it to the fullest.

*Consult your tax advisor for more details. 


Our Difference is Simple

When it comes to your financial plan, we understand what you need now and more importantly, what you need tomorrow. We are here to help you get the most out of both. Whether just starting out or preparing to retire, we help you become financially prepared and fully informed. At Chaco, we bring you the same expertise and competitive services as other institutions, but with the compassion and genuine care that can only come from being member-owned and operated. From CDs and savings to mortgages and more, we work to keep things simple when it comes to your finances – so you can focus on your life. And that makes a difference.