Affordable Access to Funds: Discover how a HELOC offers lower interest rates than credit cards for holiday shopping and expenses.
Budget-Friendly Borrowing: Learn how to manage holiday budgets effectively by borrowing only what you need with flexible, revolving credit.
Extra Financial Perks: Explore potential tax benefits and enjoy fast approval through Finex’s easy online application.
The holiday season is quickly approaching and there is so much to do to prepare! From cleaning, decorating, and even upgrading your home to buying gifts for all of your favorite people, the cost can surely add up quickly. If having a few extra dollars to spend during the holidays sounds like a good plan to you, a Finex Credit Union home equity line of credit (HELOC) might be the perfect solution.
A HELOC from Finex for holiday preparation and shopping makes good financial sense. Here are the top reasons a home equity line of credit is a smart choice for you during this holiday season.
Members of Finex Credit Union can enjoy the flexibility of a HELOC this holiday season, which will give you quick access to funds for holiday goodies and preparations. Having easy access to funds when you need them will definitely go a long way to make your holiday expenses a bit easier this year.
Using funds from a HELOC is a much better option than using credit cards for holiday purchases. Not only do you have instant access to available funds during the holidays, but a Finex HELOC offers better interest than credit cards, so you’ll be saving tons on interest charges as well.
You’ve worked hard all year, so it’s ok to splurge a bit during the holidays. Accessing a HELOC is a great way to afford those large holiday purchases you’ve been looking forward to with a low interest rate that offers a cost-effective option, so you can feel good about your holiday spending.
Since the holidays are near the end of the year, it’s also important to remember that tax season is just around the corner. In some cases, the interest paid on a HELOC may be tax-deductible, which offers additional savings for you to take advantage of.
If you’re trying to stick to a holiday budget this year, a HELOC can be a great tool to help you stay on track. With this type of loan from Finex, you are able to borrow the amount needed, up to your credit limit, making it easier to manage your holiday budget without the temptation of extra spending
If you need some extra cash this holiday season, a Finex Credit Union home equity line of credit is an affordable solution to consider! Utilize your HELOC to borrow as little or as much as you need for the holidays and get a great rate, too! Here are some perks of a home equity line of credit with Finex Credit Union.
You can utilize the equity you have accumulated in your home to access an affordable home equity line of credit and borrow up to $250,000.
A Finex HELOC is a revolving line of credit that you can borrow from, repay, and continue to borrow from without having to get approval each time.
You can apply for a HELOC with Finex. The application process is simple and convenient and can be done here online here 24/7.
Our Loan Experts will process your application as quickly as possible so you can have access to your money as soon as you need it.
Finex offers a draw period of 10 years, which means that you can borrow money as often as you need to over the next 10 years, but are only required to make interest payments on the amount you borrow.
After the 10-year draw period ends, Finex offers a repayment period of 15 years to make payments of the interest and principal until the loan is paid off.
Apply today for a HELOC with Finex Credit Union to access your home equity. Our easy online home equity line of credit application can open the door to endless possibilities this holiday season! You’ll receive a quick approval time, which is typically just a couple of days, so you will receive your money in time to prepare for holiday spending. In addition, our loan experts are here to help you every step of the way with any questions you may have about the loan or application and approval process. Contact our team of professionals at Finex Credit Union today to learn more about how a HELOC can make your holidays a whole light brighter!
