Green Home Equity &
Renovate. Save some Green.
Making a few energy efficient home renovations can make a big difference to the environment and can also save you money on energy bills. If you’re ready to do some updating, choose either a fixed home equity or personal loan and get a discounted rate.
For either loan, qualifying home improvements include:
- Heating and cooling systems
- Water heating systems
- Insulation, air and duct sealing
- Solar and wind energy
- Skylights and suntubes
- Xeriscaping – landscapes that need little watering
- Gas conversions
- Other environmentally-friendly projects will be considered on case by case basis
|Today's Rates||Term||APR Range *|
|Green Fixed Home Equity Loans|
|Up to 70% LTV||Maximum 5 Years||3.04% - 6.04%|
|Up to 70% LTV||Maximum 10 Years||3.79% - 6.77%|
|Up to 70% LTV||Maximum 15 Years||4.54% - 6.29%|
|Up to 80% LTV||Maximum 5 Years||4.04% - 5.79%|
|Up to 80% LTV||Maximum 10 Years||4.79% - 6.54%|
|Up to 80% LTV||Maximum 15 Years||5.54% - 6.29%|
|Up to 90% LTV||Maximum 5 Years||5.79%|
|Up to 90% LTV||Maximum 10 Years||6.54%|
|Green Personal Loan|
|0 - 12 months||5.90% - 12.90%|
|13 - 24 months||6.40% - 13.40%|
|25 - 36 months||6.90% - 13.90%|
|37 - 48 months||7.40% - 14.40%|
|49 - 60 months||7.90% - 14.90%|
|61 - 72 months||8.80% - 15.80%|
Contact Credit Union for complete details. Documentation (purchase order or receipt) of “green” purchase is required. All loans are subject to credit approval. Your rate and credit limit will be determined based on individual creditworthiness including income, debt ratio, and employment. Verification of income may be required. Must be 18 years of age to qualify for a loan. Must be a Sound Credit Union member to participate. Anyone who lives or works in Washington State can join. Membership at Sound requires a savings account with a minimum balance of $25.
Fixed Home Equity: Property must be located in Washington State. Homeowner’s insurance is required. A $345 early closure fee is applied if the loan is closed within the first 24 months. Maximum loan amount is determined by the amount of equity in your home. Borrow up to 90% of appraised value, $5,000 minimum.