Phone: (401) 739-4600 or (866) 739-9121 | Routing Number: 211590671

Home Equity Loans/Lines

Home Equity Loans/Lines

Perhaps you need funds for education, home repairs, or other important purposes. You can access the cash you need quickly – and the interest may be tax-deductible. We offer low fixed interest rates, lines of credit and flexible terms.

  • Home Equity Loan
    A home equity loan allows you to take out a specific amount of money for a term of up to fifteen (15) years with a fixed interest rate.  Plus the interest may be tax-deductible.
  • High-Loan-To-Value (HLTV) Equity Loans
    GGU’s HLTV equity loans allow you to borrow up to 100% of the value of your home with fixed rates, fixed payments and low costs. The maximum loan amount is $100,000.
  • Home Equity Line of Credit
    2.49% APR* introductory fixed rate for the first 12 month billing cycle. Enjoy fast, easy access to your money and comfortable affordable monthly payments. See your tax advisor for possible tax benefits.

    • No Fees or Closing Costs
    • Easy to Apply Online
    • No Annual Maintenance Fee
    • Monthly Payments as low as interest only

    Thereafter, remaining term will automatically convert to a variable rate of interest as low as prime minus 0.50%.

*Advertised introductory “Annual Percentage Rate (APR) of 2.49% is the lowest available and is fixed for the first 12 months. Offer based on individuals credit worthiness and subject to loan to value (LTV) of 80% and a minimum credit score of 680. After the initial 12 month billing cycles, the rate automatically reverts to a variable rate of interest as low as Prime minus 0.50% as published in the Wall Street Journal 30 days before the date of any rate adjustment. Offer limited to 1-4 family owner-occupied primary residence properties only. Property insurance (and flood insurance, if applicable) are required. Offer and rate is subject to change at any time without notice. Other terms and restrictions may apply. APR will not exceed 18%. If Home Equity Line of Credit is paid in full and closed within twelve (12) months from the opening date, a prepayment penalty may apply. RI: up to but not to exceed 2% of the balance due at time of payoff; MA: remaining balance of first year’s interest or amount equal to last 3 months’ interest; whichever is less. Existing GCU Home Equity Lines Credit are not eligible for refinance with this promotion. Other rates and terms are available. Inquire for full details.

To apply for a loan, please contact our loan department at 401-562-2756,
e-mail at [email protected], or simply click the link to the right.

Together, we’ll help you evaluate your best option.