For many consumers, the purchase of their home represents the largest single investment they make in a lifetime. A Home Equity Loan from Velocity makes it possible for you to wisely use the equity you have in your home to help you meet your financial goals. Home Equity Loans can be used for almost any reason, including education expenses, bill consolidation, major purchases, or for many other purposes. For most people, the interest paid on a Home Equity Loan is tax deductible (consult your tax expert, please). Velocity specializes in approving and closing Home Equity Loans fast, and we offer reduced closing costs on most loans.

Home Improvement Loans

Velocity Credit Union offers several different types of Home Improvement Loans designed to finance large or small home improvement projects. Whether you need $5,000 or $50,000, we've got a great Home Improvement Loan for you. Many of our loan programs offer quick processing in only a few days, and with no closing costs to the borrower. Call us if you plan to remodel, add a pool or spa, install siding, purchase new windows, or build a new room, deck or patio. We'll help you improve your home and save you money at the same time!