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

Tucson Federal CU Home Equity Lines of Credit

in Home Equity Lines of Credit from Tucson Federal Credit Union

Last Updated: 04/18/2025

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Minimum Draw

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Loan Term (Years)

Up to 1

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Tucson Federal CU Home Equity Lines of Credit Review

Tucson Federal CU Home Equity Lines of Credit is offered by Tucson Federal Credit Union (NMLS #462532), a credit union founded in 1937 and based in Tucson, AZ. Tucson Federal CU Home Equity Lines of Credit are available in 50 states and Washington, DC.

Key Takeaways

  • No primary residences considered. Tucson Federal CU Home Equity Lines of Credit does not offer financing for primary homes.
  • Charges a prepayment fee. This means you will be charged an additional fee if you repay the mortgage early.

Tucson Federal CU Home Equity Lines of Credit Pros & Cons

Tucson Federal CU Home Equity Lines 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 $500,000. 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.

Is there a minimum draw requirement?

No, there is no minimum draw requirement.

What fees does Tucson Federal CU Home Equity Lines of Credit charge for a HELOC?

Tucson Federal CU Home Equity Lines of Credit may charge an origination fee.

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Contact

Headquarters

1160 N Winstel Blvd
Tucson, AZ 85716
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Hours of Operation

Sunday
Closed
Monday
10:00AM - 5:00PM
Tuesday
10:00AM - 5:00PM
Wednesday
10:00AM - 5:00PM
Thursday
10:00AM - 5:00PM
Friday
10:00AM - 6:00PM
Saturday
9:00AM - 1:00PM

Other Services by Tucson Federal Credit Union