Mortgages and Equity Loans


A Home Equity Line of Credit (also called a HELOC) gives homeowners ongoing access to the owners equity they have built into their residence. You can draw on or repay the line of credit as needed, and if you do not need to use the HELOC, it may sit unused until you do need it again.

Borrow up to 80% (percent) of the appraised value of your primary residence, minus the balance of the first mortgage. For example, if your home is appraised at $150,000, then 80% of that is $120,000. If the balance on your first mortgage is $75,000, then there is up to $45,000 in available equity to borrow. The minimum credit line is $10,000, and the HELOC may only be the first or second lien on the property.

Apply with Brooke Roth at (330) 682-2117 ext. 307 or call a Member Solutions Representative to make an appointment with her at any branch.

  • Brooke Roth, NMLS ID: 679118

  • Authorized to Represent Wayne County Community Federal Credit Union (799682)

  • Federal Mortgage Loan Originator Active

  • Wayne County Community Federal Credit Union is an Equal Opportunity Lender