Spring Into Your Dream Home Upgrades With a Home Equity Line of Credit from Greylock Federal Credit Union

It happens to many homeowners — you move into your dream home, and before long, you have a list of upgrades to make it fit your ever-evolving lifestyle.

Maybe you're fantasizing about a new deck, a pool for summer, a refinished basement, an updated kitchen or bathroom, a backyard patio, or even an addition that gives everyone more space. Now's the time to start working on those projects so you can have plenty of time to enjoy them this summer.

A home equity line of credit, or HELOC, gives you the flexibility to fund your projects — on your timeline:

• Borrow what you need, when you need it
• Competitive rates to keep projects affordable
• Use funds for one project—or several
• Great for ongoing or phased renovations

Why not see what Greylock Federal Credit Union can do for you? For qualified applicants, their HELOCs often include:

• No closing costs for first-time applicants in approved lending areas.
• Up to 80% of the appraised value of the owner-occupied property (up to four units) minus the existing first mortgage balance.
• Ten-year draw/advance period, followed by a fifteen-year fully amortized payback period.

A HELOC lets you borrow against the value you’ve built in your home — often at lower rates than credit cards or personal loans.

Plus, you'll be working with a local, trusted Greylock specialist each step of the way. Take the first step toward turning your ideas into reality, call Greylock today at 413-236-4000 or visit them online here.