When your home no longer fits your needs, you have two choices: move to something new or improve what you already have. A home equity loan can make upgrading your current space more achievable, but how do you know which path is right?
Here are a few things to consider:
When it might make sense to move:
- Your home no longer fits your long-term needs
- Renovation costs are close to buying a new home
- You’re ready for a different location or lifestyle
- Major structural changes would be required
If a move is the right next step, we offer mortgage solutions through our trusted partners at CUMA. You will get guidance and support throughout the process so you can move forward with confidence.
When it might make sense to improve:
- You love your location and neighborhood
- Your current home just needs more space or updates
- Renovations will increase your home’s value
- Moving costs feel higher than remodeling
If staying put feels right, a Home Equity Line of Credit can help you bring your vision to life. For a limited time, members can enjoy 0.75% APR off* a new fixed-rate home equity line of credit, making it even more affordable to upgrade your space. Plus, save even more with up to $2,000** in closing costs covered by UHS Employees FCU on qualifying home equity loans or refinances from another lender.
Whichever you decide, we are here to help you make the most of your home and your next chapter.