Use Your Home's Equity to Better Use Your Home's Energy

Did you know you can use your home's equity to make energy-efficient improvements that save money in the long term? A home equity line of credit, or HELOC, is the ultimate financial tool for making key investments today that can mean serious savings tomorrow.

A HELOC works similarly to a credit card, with a limit based on your home's equity. That's the currently assessed value of your home, minus any mortgage balance you might have. Unlike a traditional home equity loan, though, you only repay what you use, giving you great flexibility at a competitive rate.

So, where could you use an upgrade? Here are a few places to start –¦

Heating and Cooling

If you haven't installed a new central air conditioner within the last 10 years, a lot has changed in the past decade. That 15- to 20-year-old furnace could use a look as well. At a minimum, a smart thermostat, which typically costs a couple hundred bucks, can introduce some efficiency and pairs well with your updated heating and cooling. A HELOC puts all these improvements within reach at a low rate.


Windows, Doors, and Insulation

Here's an obvious energy saver, albeit an expensive one. A HELOC can unlock the capital to make the investment, though. Begin by taking a look in your attic, where a lot of heat can be lost. Adding a little insulation there can make a big difference in your utility bill. Then dive deep into the efficiency of your windows and doors. If you feel a draft, chances are it's time for an upgrade – a great use of your HELOC funds.


This is another simple, but potentially costly energy saver. Simply upgrading your major appliances can make your home much more efficient. Refrigerators are big energy eaters, but you should also consider replacing stoves, dishwashers, washing machines, and dryers.

New Lighting Fixtures

Lighting accounts for about one third of a home's energy bill. While switching out incandescent bulbs for LEDs and CFLs can help, you can take this concept to the next level with smart lighting fixtures, starting with the ones you use the most. Remember HELOCs act like a credit card, so you can use as much or as little as you need and only pay back that amount.

Whether taking on a big project like windows and doors or just making your home a little smarter, a HELOC can get you there. Get up to 100 percent of your home's equity at a competitive rate with a HELOC from Visions.

Apply now!

Home Equity Lines of Credit Articles

  • Homeowners Should Consider This Before Taking a Loan

    Looking to renovate the kitchen, consolidate expenses, or take an epic vacation? Been in your home for a while? If so, a home equity line of credit, or HELOC, unlocks the value of your investment in ways other financial products can't. APPLY NOW! You Only Pay for What You Use A…

  • As Home Values Rise, Should Homeowners Look to Equity

    The pandemic may have restricted the way many of us lived, but it pushed the housing market beyond historic boundaries. Now those same homes we were stuck in during quarantine are worth more than ever before, making home equity lines of credit even more attractive. Apply Now! Me…

  • Use Your Home's Equity to Finance Your Dream Wedding

    Use Your Home's Equity to Finance Your Dream Wedding With wedding costs substantial and pretty much always on the rise, coming up with funding sources can be tough. The average wedding cost nearly $34,000 in 2019, according to the popular planning website The Knot. That include…

Visions Federal Credit Union

Log in here with your Online Banking ID:

Online Enrollment

Forgot Password

Forgot User ID/Unlock Account

You are leaving the Visions Federal Credit Union web site. The privacy and security policies of the external link may differ from Visions Federal Credit Union. Visions Federal Credit Union does not own or control external links and is not responsible for the availability or accuracy of their content.