Put Your Home Equity to Work
Ready to make use of your home’s value?
If you need to cover large expenses or want to pay off your debt, a Home Equity loan from Red Canoe might be the solution. We help you strategically use the equity you’ve built up to achieve your goals.
Unlock Your Home’s Potential
With a Home Equity Line of Credit, you can:
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Tap into your home’s value to borrow more
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Fund home renovations to enhance your home
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Consolidate debt
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Interest Only Options
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We’re Here for Homeowners
Explore financing solutions designed for your unique needs.
No matter what you want to do with the equity in your home, we'll help you develop a mortgage plan that works for your life, your way.
Home Equity Loans FAQs
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A Home Equity Loan gives you your funds in a one-time lump sum. It typically comes with a fixed interest rate and predictable monthly payments, making it a good option for large, planned expenses like a home renovation or debt consolidation.
A Home Equity Line of Credit (HELOC) works more like a credit card. You can borrow as needed, up to your approved limit, and usually have a variable interest rate. This option is ideal for ongoing or unexpected expenses where flexibility matters.
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If you have a home, you may qualify! Apply today and a loan officer will be in touch.
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You can make advances from your HELOC at any time during the draw period.
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Your variable rate is determined by your credit score and loan to value.
“This is a great place to bank, and they go above and beyond to help solve any problems.”
“Very knowledgeable and professional with a human touch. I'm looking forward to referring Red Canoe to families and friends.”
“I have been a member for over 40 years and have always been able to get the answers and help I need.”
“I feel comfortable doing my banking there because it's like a small town place.”
“Very warm and welcoming and so inviting. Made me feel like me and my account were just as important to them as they are to me.”

Disclosures
Loans subject to membership qualifications and credit approval. Rates subject to change.
NMLS
We do business in accordance with the Federal Fair Housing Law and the Equal Credit Opportunity Act.
NMLS
We do business in accordance with the Federal Fair Housing Law and the Equal Credit Opportunity Act.
