Remember to activate and start using your new CapEd Mastercard Debit card. All Visa debit cards are now closed. Learn more about new Mastercard Debit and Credit cards.
Remember to activate and start using your new CapEd Mastercard Debit card. All Visa debit cards are now closed. Learn more about new Mastercard Debit and Credit cards.
Home Equity Loans
You can unlock your home's equity to make home improvements, consolidate debt or plan the ultimate vacation! Whatever your situation may be, a Home Equity Loan or Line of Credit, might be the answer for you.
What is a HELOC?
A Home Equity Line of Credit (HELOC) is a revolving line of credit secured against your home. It is an open-ended loan. Instead of loaning a set amount of funds all at once (like you would with a car loan), you simply borrow as you go, up to the credit limit.
- Interest-only payments.
- Low fees.
- Convenient access to funds.
- Up to 80% combined loan to value (restrictions may apply).
- Draw period to access funds from your home equity line of credit.
What is a Home Equity Loan?
A home equity loan allows you to access the equity in your home as well. You receive the full loan proceeds at closing and make fixed monthly payments on the loan for the entire term of the loan.
- Low fixed rate for the life of the loan.
- Loan funds are disbursed in full at closing.
- Borrow up to 80% of property value.
- Discounted rate for those who also have a first mortgage with CapEd.
How would a Home Equity Loan or a HELOC benefit me?
There are many different reasons someone would choose to tap into the equity of their home for extra funds. Common examples are:
- Home Improvements.
- Debt Consolidation.
- College or education expenses.
- Investment opportunities.
Apply for a Home Equity Loan or HELOC
Get started today with the online application. Or visit your preferred Mortgage Loan Officer below to get started!
Mortgage Loan Officers
We have an experienced and reliable team to assist you every step of the way when refinancing your home. If you're ready to apply for refinancing your home, review the resources below and contact our Mortgage team to get started.
Jeff Acree
NMLS Number 6591
Phone Number: (208) 855-4605
Email Jeff
Thunderbolt Branch
Apply with Jeff
Paul McMurdie
NMLS Number 1000571
Phone Number: (208) 898-7039
Email Paul
Parkcenter Branch
Apply with Paul
Carole Meyer
NMLS Number 91917
Phone Number: (208) 898-7052
Email Carole
South Nampa MCC
Apply with Carole
Joe Azevedo
NMLS Number 96874
Phone Number: (208) 855-4688
Email Joe
Eagle Branch
Apply with Joe
Isabel Bailey
NMLS Number 507120
Phone Number: (208) 884-0150 ext. 7024
Email Isabel
McMillan Branch
Apply with Isabel
Mike Troester
NMLS Number 1381739
Phone Number: (208) 855-4680
Email Mike
Linder MCC
Apply with Mike
Cal Gothberg
NMLS Number 148078
Phone Number: (208) 898-7026
Email Cal
South Meridian MCC
Apply with Cal
Steve Sengelmann
NMLS Number 91656
Phone Number: (208) 855-4603
Email Steve
Thunderbolt Branch
Apply with Steve
Ana Moroshan
NMLS Number 452269
Phone Number: (208) 898-7030
Email Ana
South Nampa MCC
Apply with Ana
Resources
Here are some helpful resources.
HELOC Checklist Opens in new tab. Link is a PDF document.
Make sure you have everything you need for your HELOC with this PDF.
Disclosures
Making the minimum payment on a HELOC may result in a balloon payment. Offer is subject to change at any time. Property insurance is required.
