If you already own a home, you can use the equity that you have established to borrow for any good reason, such as debt consolidation, home improvements, college tuition, buying a new car, or any other worthwhile purpose that you might have.  

A home equity loan with WV Central Credit Union gives you ultimate control over the money you borrow.  It's an open-end line of credit secured by a first or second deed of trust or mortgage on your home.  Once approved, your line of credit is open for a period of fifteen years. We offer very competitive interest rates that are fixed for the first three years of the loan, then convert to a variable rate for the remainder of the loan.

No teaser rates on this product to help prevent a big interest rate shock when the fixed rate expires after three years.