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Did You Know?

Home Equity Line of Credit

Introductory Rate Special


As low as

2.74% APR*

First 12-Months

  • No Fees or Closing Costs
  • No Annual Maintenance Fee
  • Monthly Payments as low as interest only
  • Can Be Used for Any Purpose

We’ve all been home for a really, really long time. If yours needs some “freshening,” our low introductory rate can help you get started. And with repayment options including interest-only payments, you can fit our financing into just about any budget.

Our Home Equity Line of Credit is also great for financing other short-term cash flow needs like vacations, school bills, purchases and more!

Too hard to apply? Not at Greenwood! You can get started right here and do it all from the comfort of your own home – whatever shape it’s currently in!

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Greenwood Credit Union

*Advertised introductory “Annual Percentage Rate (APR) of 2.74% 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 first 12-month billing cycle, 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 18.00%. 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 2.00% 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.