Equity Loans from Connex
Get your home working for you.
If you've got equity in your home, you've got the key to money for projects, tuition, trips and more. Connex home equity loans and lines of credit are built with the flexibility and convenience that can turn real value in your home into real money for you. To view our rates, click here.
Two convenient ways to borrow.
Home Equity Loan
With a fixed rate equity loan, you simply borrow a set amount and pay it back in monthly installments that stay the same over the life of the loan.*
Home Equity Line of Credit
This is a revolving line of credit similar to a credit card. You just borrow against it any time you need a cash advance for a purchase.
We make it simple.
With Connex, turning your home's equity into cash is quick, easy and affordable. Here's how.
- No points, application fees, closing costs or annual fees save you money.**
- Fast application process and loan approval saves you time.
- Tax-deductible interest saves you money come April 15th.(Consult your tax advisor for details.)
- Calling us any time you have a question saves you stress.
To view our rates, click here.
What's your wish?
Within the four walls of your home could be a lot of dreams waiting to be made real including:
- Debt consolidation
- College for you or your kids
- A much needed vacation
- Money for taxes
- Improving your home
You can start the process right away by calling our Home Loan Consultant, Mark Frank, at 203.603.5811 or by e-mailing him at firstname.lastname@example.org.
Making your Payment is Easy!
Pay Your Connex Loan With Funds From Your Connex Checking / Savings Account:
Pay Your Connex Loan With Funds From Another Financial Institution
It's easy to set up Connex loan payments using funds from another financial institution. Simply log into Online Banking and click on the Move Money Button from the top navigational menu then choose Loan Payment and follow the directions on the screen.
You can also use Mobile Banking to may your Connex Loan Payments. Simply log into the app and click on the "more" button. For iPhone users, click on the three dots in the lower right hand corner of the app. For Android users, click on the three lines in the top left corner of the app. Click on the Loan Payment link and then follow the directions on the screen.
Pay In Person
You can also make loan payments in person at one of our branches or any Shared Branching location.
If you prefer to mail your payments, please send to:
Connex Credit Union
P.O. Box 477
North Haven, CT. 06473
* Proof of homeowners insurance is required for all home equity products. Home equity financing available on Connecticut owner-occupied properties only. Requests for amounts that exceed 80% financing require mortgage insurance and are subject to guidelines and approval of mortgage insurance underwriter.
** Connex Credit Union absorbs all third party costs associated with your loan. The Loan Estimate and final documentation you receive will include an estimate of your annual homeowners insurance, which is paid separately by you.