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Home Equity Lines of Credit
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Last Updated: 04/18/2025

Corry Jamestown Credit Union Home Equity Line of Credit

in Home Equity Lines of Credit from Corry Jamestown Credit Union

Last Updated: 04/18/2025

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Highlights

Credit Score Range

N/A

Amount Range

Up to $35,000

Maximum LTV

N/A

Minimum Draw

$1,000

Loan Term (Years)

Up to 15
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Corry Jamestown Credit Union Home Equity Line of Credit Review

Corry Jamestown Credit Union Home Equity Line of Credit is offered by Corry Jamestown Credit Union , a credit union founded in 1954 and based in Corry, PA. Corry Jamestown Credit Union Home Equity Line of Credit are available in 50 states and Washington, DC.

Key Takeaways

  • Investment and personal use properties considered. Financing available for primary homes, vacation homes, and even investment homes, such as rental properties.
  • Charges a prepayment fee. This means you will be charged an additional fee if you repay the mortgage early.

Corry Jamestown Credit Union Home Equity Line of Credit Pros & Cons

Corry Jamestown Credit Union Home Equity Line of Credit FAQ

How much can you borrow with a HELOC?

HELOCs are lines of credit secured by your home. Once approved, you can access funds by check, phone, credit card, or online up to your credit limit.
Borrowers can apply for lines of credit of up to $35,000.00. The maximum amount depends on property value, existing mortgage balance, and creditworthiness.
Typically, borrowers with good credit can qualify for up to 85% of the property value, minus the balance on their first mortgage.

What are the terms for Corry Jamestown Credit Union Home Equity Line of Credit?

HELOCs include a draw period followed by a repayment period. During the draw period, borrowers can access funds as needed up to the credit limit.
Corry Jamestown Credit Union Home Equity Line of Credit offers home equity loans with a maximum term of 15 years and a draw period of up to 5 years.

Is there a minimum draw requirement?

Yes. The minimum draw requirement is $1,000.00.

What fees does Corry Jamestown Credit Union Home Equity Line of Credit charge for a HELOC?

Corry Jamestown Credit Union Home Equity Line of Credit may charge an origination fee.

What types of property can you use as security for a HELOC with Corry Jamestown Credit Union Home Equity Line of Credit?

Corry Jamestown Credit Union may consider HELOCs secured by the following property types:
  • Primary residences
  • Secondary or vacation homes

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Contact

Headquarters

637 N Center St
Corry, PA 16407
(814) 664-7010
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Email Support

Hours of Operation

Sunday
Closed
Monday
9:00AM - 5:00PM
Tuesday
9:00AM - 5:00PM
Wednesday
9:00AM - 1:00PM
Thursday
8:30AM - 5:00PM
Friday
8:30AM - 5:30PM
Saturday
Closed

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