Last Updated: 04/18/2025
IU Credit Union Home Equity Line of Credit
Unaffiliated
Last Updated: 04/18/2025
This product has no reviews yet. Help others by sharing your thoughts.
Be the first to rate
Cast Your Vote
Compare All Home Equity Lines of Credit
Filter & compare all your options in one place.
Highlights
Credit Score Range
N/A
Amount Range
Maximum LTV
Minimum Draw
N/A
Loan Term (Years)
IU Credit Union Home Equity Line of Credit Review
Key Takeaways
- Only primary residences considered. IU Credit Union Home Equity Line of Credit does not offer financing for vacation homes or investment properties.
- No-closing-cost mortgages available. This option allows you to include the closing costs into the new loan, so you don't pay for these expenses upfront.
- Origination fees starting at $150.00.Origination fees are deducted from the loan amount, so take it into account when deciding how much you need to borrow.
- High maximum LTV ratio. IU Credit Union Home Equity Line of Credit has a maximum loan to value ratio of 90%.
IU Credit Union Home Equity Line of Credit Pros & Cons
| Pros | Cons |
|
|
IU Credit Union Home Equity Line of Credit FAQ
What are the terms for IU Credit Union Home Equity Line of Credit?
Is there a minimum draw requirement?
What fees does IU Credit Union Home Equity Line of Credit charge for a HELOC?
What types of property can you use as security for a HELOC with IU Credit Union Home Equity Line of Credit?
- Primary residences
SuperMoney Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...
Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author's alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.